Shofu Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Year-End Dividend Guidance and Commemorative Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
February 01, 2018
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Shofu Inc. announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company announced net sales of JPY 17,801 million against JPY 16,454 million a year ago. Operating profit was JPY 1,135 million against JPY 996 million a year ago. Profit before income taxes was JPY 1,304 million against JPY 869 million a year ago. Profit attributable to owners of parent was JPY 933 million or JPY 58.38 per share against JPY 653 million or JPY 40.80 per share a year ago.
The company provided year-end dividend guidance for the fiscal year ending March 31, 2018. The company expects to pay year-end dividend of JPY 12.00 per share compared to JPY 12.00 per share paid a year ago. Year-end dividends for the fiscal year ended March 31, 2018 (Forecasts) include commemorative dividend of JPY 2.0.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the full year, the company expects to report net sales of JPY 23,970 million, operating income of JPY 1,488 million, ordinary income of JPY 1,403 million and net income of JPY 959 million or JPY 60.38 per share.
SHOFU INC. is a Japan-based company mainly engaged in the manufacture and sale of dental materials and equipment. The Company operates in three business segments. The Dental-related segment is engaged in the manufacture and sale of prosthetic tooth materials, abrasive materials, metals, chemicals, cement, as well as various equipment and tools. The Nail-related segment is engaged in the manufacture and sale of nail care products. The Others segment is engaged in the manufacture and sale of industrial abrasives.
Shofu Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Year-End Dividend Guidance and Commemorative Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018