Kurotani Corporation Announces Consolidated Earnings Results for the First Quarter Ended November 2015; Provides Earnings Guidance for the Second Quarter of Fiscal 2016 and Full Year Ending August 2016; Provides Dividend Guidance for the Second Quarter Ending of February 2016 and Full Year Ending of August 2016
For the second quarter ending February 2016, the company expects net sales will be JPY 25,163 million, operating income will be JPY 247 million, ordinary income will be JPY 173 million, profit attributable to owners of parent will be JPY 94 million and net income per share will be JPY 13.17.
For the year ending August 2016, the company expects net sales will be JPY 50,544 million, operating income will be JPY 498 million, ordinary income will be JPY 362 million, profit attributable to owners of parent will be JPY 220 million and net income per share will be JPY 30.74.
The company provided dividend guidance for the second quarter ending of February 2016 and full year ending August 2016. For the second quarter, the company provided dividend guidance of JPY 10.00 per share compared to JPY 10.00 per share a year ago.
For the year ended August 2016, the company provided dividend guidance of JPY 10.00 per share compared to JPY 10.00 per share a year ago.