Kikusui Chemical Industries Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016; Announces Dividend for the Second Quarter Ended September 30, 2015, Payable on December 7, 2015; Provides Dividend Guidance for the Year Ending March 31, 2016
November 12, 2015
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Kikusui Chemical Industries Co., LTD. announced consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of JPY 10,557 million against JPY 9,810 million a year ago. Operating income was JPY 372 million against JPY 432 million a year ago. Profit attributable to owners of parent was JPY 236 million against JPY 0.00 million a year ago. Earnings per share were JPY 18.97 against loss per share of JPY 0.07 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2016. For the period, net sales expects of JPY 22,506 million, operating income of JPY 943 million, profit attributable to owners of parent of JPY 496 million and earnings per share of JPY 40.03.
The company announced a dividend of JPY 7.00 per share for the second quarter ended September 30, 2015 against JPY 5.00 per share paid a year ago. This dividend is payable on December 7, 2015.
The company provided dividend guidance for the year ending March 31, 2016. For the year, the company expects to pay a dividend of JPY 9.00 per share against JPY 11.00 per share paid a year ago.
KIKUSUI CHEMICAL INDUSTRIES CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building finishing materials, building base preparation materials, tile adhesives, building civil engineering materials, the sales of related products, and renovation work. Architectural finishing materials are used for decoratively finishing the inner and outer walls of buildings. The building base adjustment materials are used for base adjustment of interior and exterior finishing work. The tile adhesive materials are used for attaching a tile to a wall surface. Architectural civil engineering materials include auxiliary paper and other materials for drawing architectural finishing materials onto walls to draw patterns. Building refresh is a building renovation work.
Kikusui Chemical Industries Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016; Announces Dividend for the Second Quarter Ended September 30, 2015, Payable on December 7, 2015; Provides Dividend Guidance for the Year Ending March 31, 2016