AXELL Corporation Announces Earnings Results for the Six Months Ended September 30, 2015; Announces an Interim Dividend, with Payment Date on November 19, 2015; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2016
The company announced an interim dividend of JPY 5.00 per share compared to JPY 25.00 per share paid a year ago. Scheduled date for dividend payment is November 19, 2015.
The company provided year-end dividend guidance for the fiscal year ending March 31, 2016. The company expects to pay year-end dividend of JPY 5.00 per share compared to JPY 30.00 per share paid a year ago.
For the full year ending March 31, 2016, the company expects to report net sales of JPY 11,000 million, operating income of JPY 240 million, ordinary income of JPY 240 million and profit of JPY 165 million or JPY 13.30 per share.