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Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail. |
Company name: Toshiba Plant Systems & Services Corporation Stock exchange listing: Tokyo
Stock code: 1983 URL http://www.toshiba-tpsc.co.jp
President and Chief Executive Officer,
May 12, 2016
Representative:
Inquiries:
Representative Director
Vice President and Director, Head of Accounting Division
Ryo Matsukawa
Yoshikatsu Tanaka TEL 045-500-7012
Scheduled date of ordinary general meeting of shareholders: June 23, 2016 Scheduled date to file Securities Report: June 23, 2016
Scheduled date to commence dividend payments: June 2, 2016 Preparation of supplementary material on financial results: Yes
Holding of financial results meeting: Yes (for institutional investors and analysts)
(Amounts less than one million yen are rounded down)
Consolidated financial results for the year ended March 31, 2016 (from April 1, 2015 to March 31, 2016)
Consolidated operating results Percentages indicate year-on-year changes
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Year ended March 31, 2016
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
219,353
0.3
18,648
10.1
18,720
5.8
11,242
11.9
Year ended March 31, 2015
218,652
20.0
16,941
4.1
17,687
5.7
10,044
2.2
Earnings per share
Diluted earnings per share
Profit attributable to owners of parent/equity
Ordinary income/total assets
Operating income/net sales
Year ended March 31, 2016
Yen
Yen
%
%
%
115.40
-
9.5
8.0
8.5
Year ended March 31, 2015
103.11
-
9.1
7.9
7.7
Consolidated financial position
Total assets
Net assets
Equity ratio
Net assets per share
As of March 31, 2016
Millions of yen
Millions of yen
%
Yen
238,254
121,281
50.8
1,241.90
As of March 31, 2015
229,436
116,059
50.4
1,188.00
Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Year ended March 31, 2016
Millions of yen
Millions of yen
Millions of yen
Millions of yen
25,210
16,332
(2,444)
91,633
Year ended March 31, 2015
(5,070)
8,696
(1,490)
53,127
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Dividend payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
1st quarter-end
2nd quarter-end
3rd quarter-end
Fiscal year-end
Total
Year ended March 31, 2015
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
-
7.50
-
0.00
7.50
730
7.3
0.7
Year ended March 31, 2016
-
25.00
-
12.50
37.50
3,653
32.5
3.1
Year ending March 31, 2017 (Forecast)
-
19.00
-
19.00
38.00
29.6
Forecast of consolidated financial results for the year ending March 31, 2017 (from April 1, 2016 to March 31, 2017)
Percentages indicate year-on-year changes
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Earnings per share
Six months ending September 30, 2016
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
Yen
95,000
8.2
7,200
10.5
7,500
15.8
5,000
25.3
51.32
Full year
230,000
4.9
18,700
0.3
19,000
1.5
12,500
11.2
128.31
Notes
(1) Changes in significant subsidiaries during the year ended March 31, 2016
(changes in specified subsidiaries resulting in the change in scope of consolidation):
No
Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
Changes in accounting policies due to other reasons:
No
Changes in accounting estimates:
No
Restatement of prior period financial statements:
No
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2016 | 97,656,888 | shares | As of March 31, 2015 | 97,656,888 | shares |
Number of treasury shares at the end of the period
As of March 31, 2016 | 243,256 | shares | As of March 31, 2015 | 242,415 | shares |
Average number of shares during the period
Year ended March 31, 2016 | 97,414,180 | shares | Year ended March 31, 2015 | 97,414,954 | shares |
(Millions of yen) | ||
As of March 31, 2015 | As of March 31, 2016 | |
Assets | ||
Current assets | ||
Cash and deposits | 5,857 | 6,430 |
GROUP FINANCE DEPOSITS | 64,871 | 85,534 |
Notes receivable, accounts receivable from completed construction contracts and other | 111,201 | 92,565 |
Electronically recorded monetary claims - operating | 182 | 508 |
Costs on uncompleted construction contracts and other | 19,736 | 25,288 |
Deferred tax assets | 4,060 | 3,953 |
Other | 4,715 | 5,172 |
Allowance for doubtful accounts | (210) | (312) |
Total current assets | 210,414 | 219,141 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 8,996 | 8,882 |
Accumulated depreciation | (7,329) | (7,331) |
Buildings and structures, net | 1,666 | 1,550 |
Machinery and vehicles | 2,979 | 2,755 |
Accumulated depreciation | (2,324) | (2,092) |
Machinery and vehicles, net | 654 | 662 |
Tools, furniture and fixtures | 4,655 | 4,413 |
Accumulated depreciation | (3,652) | (3,406) |
Tools, furniture and fixtures, net | 1,003 | 1,007 |
Land | 3,419 | 3,152 |
Leased assets | 135 | 75 |
Accumulated depreciation | (60) | (36) |
Leased assets, net | 75 | 38 |
Construction in progress | - | 279 |
Total property, plant and equipment | 6,819 | 6,692 |
Intangible assets | 275 | 252 |
Investments and other assets | ||
Investment securities | 666 | 197 |
Long-term loans receivable | 2 | 2 |
Deferred tax assets | 10,539 | 11,198 |
Other | 840 | 893 |
Allowance for doubtful accounts | (121) | (123) |
Total investments and other assets | 11,927 | 12,168 |
Total non-current assets | 19,021 | 19,112 |
Total assets | 229,436 | 238,254 |
(Millions of yen) | ||
As of March 31, 2015 | As of March 31, 2016 | |
Liabilities | ||
Current liabilities | ||
Notes payable, accounts payable for construction contracts and other | 50,782 | 47,635 |
Income taxes payable | 5,659 | 5,888 |
Advances received on uncompleted construction contracts | 11,024 | 13,349 |
Provision for directors' bonuses | 79 | 93 |
Provision for warranties for completed construction | 500 | 1,048 |
Provision for loss on construction contracts | - | 204 |
Other | 12,919 | 13,234 |
Total current liabilities | 80,965 | 81,455 |
Non-current liabilities | ||
Provision for directors' retirement benefits | 22 | 27 |
Net defined benefit liability | 32,071 | 35,197 |
Other | 317 | 292 |
Total non-current liabilities | 32,411 | 35,517 |
Total liabilities | 113,376 | 116,972 |
Net assets | ||
Shareholders' equity | ||
Capital stock | 11,876 | 11,876 |
Capital surplus | 20,910 | 20,910 |
Retained earnings | 85,919 | 94,726 |
Treasury shares | (163) | (164) |
Total shareholders' equity | 118,543 | 127,348 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 188 | - |
Deferred gains or losses on hedges | (220) | (290) |
Foreign currency translation adjustment | 733 | (11) |
Remeasurements of defined benefit plans | (3,516) | (6,068) |
Total accumulated other comprehensive income | (2,814) | (6,369) |
Non-controlling interests | 330 | 303 |
Total net assets | 116,059 | 121,281 |
Total liabilities and net assets | 229,436 | 238,254 |
Toshiba Plant Systems and Services Corporation published this content on 12 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 May 2016 07:47:04 UTC.
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