Piolax, Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for the Fiscal Year Ending March 31, 2017; Provides Dividend Forecast for the Second Quarter and Fiscal Year Ending March 31, 2018; Provides Earnings Guidance for the Half Year of Fiscal Year 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
May 19, 2017 at 05:15 pm
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Piolax, Inc. announced consolidated earnings results for the year ended March 31, 2017. For the full year, the company reported Net Sales were ¥64,275 million against net sales of ¥64,341 million a year ago. Operating income was ¥10,384 million against operating income of ¥9,151 million a year ago. Ordinary income was ¥11,429 million against ordinary income of ¥10,063 million a year ago. Profit attributable to owners of parent was ¥8,003 million against profit attributable to owners of parent of ¥7,025 million a year ago. Net income per share was ¥223.48 against net income per share of ¥196.15 a year ago. Net assets per share was ¥2,182.9 against net assets per share of ¥2,029.5 a year ago. Cash flows from operating activities was ¥10,541 million against cash flows from operating activities of ¥10,729 million a year ago.
The company announced dividend for the fiscal year ending March 31, 2017. For the fiscal year, the company announced dividend of ¥60 against ¥45 in the same period a year ago.
The company provides dividend forecast for the fiscal year ending March 31, 2018. For the fiscal year, the company forecast dividend of ¥17.
The company provides dividend forecast for end of second quarter of Fiscal Year ending March 31, 2018. For the second quarter, the company forecast dividend of ¥17.
The company provides earnings guidance for the half year of fiscal year 2018. The company forecast net sales of ¥31,500 million, operating income of ¥4,700 million, ordinary income of ¥5,100 million, profit attributable to owners of parent of ¥3,500 million, and earnings per share of ¥97.72.
The company provides earnings guidance for the year ending March 31, 2018. The company forecast net sales of ¥63,200 million, operating income of ¥9,500 million, ordinary income of ¥10,200 million, profit attributable to owners of parent of ¥6,900 million, and earnings per share of ¥192.66.
PIOLAX, INC. is a Japan-based company principally engaged in the manufacture and sale of automotive related products. The Company operates in two business segments. Automotive Related Business segment is mainly involved in the manufacture and sale of precision springs, industrial fasteners, as well as small unit parts that combine resin and metal to the automobile industry. Medical Equipment Business segment is involved in the manufacture and sale of interventional radiology (IVR), endoscopic treatment, and orthopedic treatment equipment to medical institutions.
Piolax, Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for the Fiscal Year Ending March 31, 2017; Provides Dividend Forecast for the Second Quarter and Fiscal Year Ending March 31, 2018; Provides Earnings Guidance for the Half Year of Fiscal Year 2018; Provides Earnings Guidance for the Year Ending March 31, 2018