Tosei Corporation Announces Dividend for the Year Ended Nov. 30, 2016, Payable Form February 27, 2017; Provides Dividend Guidance for the Fiscal Year Ending November 30, 2017; Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended November 30, 2016; Provides Consolidated and Non- Consolidated Earnings Guidance for the Year Ending November 30, 2017
The company provided dividend guidance for the fiscal year ending November 30, 2017. The company expects year-end dividend of ¥25 per share compared to ¥22 per share a year ago.
The company reported consolidated and non- consolidated earnings results for the year ended November 30, 2016. For the period, on consolidated basis, the company reported revenue of ¥49,818 million against ¥43,006 million a year ago. Operating profit was ¥9,279 million against ¥6,891 million a year ago. Profit before tax was ¥8,450 million against ¥6,040 million a year ago. Profit attributable to owners of the parent was ¥5,547 million or ¥114.89 per basic share against ¥4,135 million or ¥85.66 per basic share a year ago. Cash out flows from operating activities was ¥7,472 million against ¥4,443 million a year ago. Purchase of property, plant and equipment was ¥54.277 million against ¥71.303 million a year ago. Purchase of intangible assets was ¥27.711 million against ¥37.610 million a year ago.
For the period, on non-consolidated basis, the company reported revenue of ¥41,965 million against ¥37,242 million a year ago. Operating income was ¥7,836 million against ¥5,948 million a year ago. Ordinary income was ¥7,123 million against ¥5,553 million a year ago. Net income was ¥4,734 million or ¥98.06 per share against ¥3,906 million or ¥80.91 per share a year ago. Cash out flows from operating activities was ¥7,472 million against ¥4,443 million a year ago.
For the year ending November 30, 2017, the company expects consolidated revenue of ¥69,268 million, operating profit of ¥10,008 million, profit before tax of ¥9,001 million and Profit attributable to owners of the parent of ¥5,926 million or ¥122.75 per basic share.
For the year ending November 30, 2017, the company expects non-consolidated revenue of ¥56,623 million, ordinary income of ¥6,228 million, net income of ¥4,235 million or ¥87.71 per basic share.