Y.A.C. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017, Provides Dividend Guidance for the Full Year Ending March 31, 2017
February 09, 2017
Share
Y.A.C. Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company has posted net sales of ¥21,825 million, operating income of ¥526 million, ordinary income of ¥605 million, profit attributable to owners of parent of ¥397 million or diluted earnings per share of ¥44.19 against net sales of ¥17,775 million, operating income of ¥215 million, ordinary income of ¥228 million, loss attributable to owners of parent of ¥133 million. Profit before income tax was ¥625.19 million against ¥220.93 million a year ago.
The company provides earnings guidance for the year ending March 31, 2017. The company expects net sales of ¥30,000 million, operating income of ¥1,500 million, ordinary income of ¥1,350 million, net income of ¥890 million, and earnings per share of ¥99.68.
For the year ending March 31, 2017, the company expects dividend of ¥10.00 per share against ¥10.00 per share paid a year ago.
Y.A.C. HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the development, design, manufacture, sale and maintenance of display related products, mechatronics related products and cleaning related products. The Company operates in three business segments. The Display Related segment is engaged in the manufacture and sale of liquid crystal related products and precision heat treatment related products, as well as the provision of related services. The Mechatronics Related segment is engaged in the manufacture and sale of hard disk products, semiconductor products, energy saving and clean energy products, solar cell products, industrial instrument products, control communication products, laser process products, precision cutting products and other products, as well as the provision of related services. The Cleaning Related and Other segment is engaged in the manufacture and sale of cleaning products and mold heating products, as well as the provision of related services.
Y.A.C. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017, Provides Dividend Guidance for the Full Year Ending March 31, 2017