Yashima Denki Co., Ltd. Provides Year-End Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December, 2016; Provides Earnings Guidance for the Quarter Ended March 2017
January 30, 2017 at 03:10 pm
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Yashima Denki Co., Ltd. expects to pay a year-end dividend of JPY 13.00 per share for the year ending March 31, 2017 against JPY 15.00 per share for the same period a year ago. Thus the annual dividend would amount to JPY 13.00 per share for the year ending March 31, 2017 against JPY 15.00 per share for the same period a year ago.
The company reported consolidated earnings results for the third quarter ended December, 2016. For the quarter, the company reported net sales of JPY 48,378 million against JPY 52,893 million a year ago. Operating loss was JPY 377 million against operating income of JPY 307 million a year ago. Ordinary loss was JPY 266 million against ordinary income of JPY 403 million a year ago. Loss attributable to owners of parent was JPY 317 million against profit of JPY 804 million a year ago. Net income per share was JPY 14.55 against JPY 36.95 per share a year ago.
For the quarter ended March 2017, the company expects net sales of JPY 80,000 million, operating income of JPY 2,010 million, ordinary income of JPY 2,150 million and profit attributable to owners of parent of JPY 1,280 million or JPY 58.77 per share.
Yashima Denki Co., Ltd. is a company mainly engaged in the provision of electrical equipment, electronic information equipment, electronic devices, industrial equipment, air conditioning related equipment and others. The Company operates in three business segments. The Plant segment sells iron and steel systems, electrical substation and distribution equipment, rolling equipment, private power generation equipment, electrical control, production management systems, and related maintenance services. The Industrial and Transportation segment mainly sells air conditioning equipment, lighting equipment, electrical substation and distribution equipment, security systems, vehicles and vehicle electrical components, station equipment related systems, and maintenance services. Electronic Devices and Components segment mainly consists of microcomputers, analog semiconductors, memories, insulated gate bipolar transistors (IGBTs), liquid crystal modules, batteries, sensors and others.
Yashima Denki Co., Ltd. Provides Year-End Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December, 2016; Provides Earnings Guidance for the Quarter Ended March 2017
YASHIMA DENKI CO., LTD. 
