Ainavo Holdings Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended March 31, 2015; Announces Dividend for the Second Quarter Ended March 30, 2015, Payable on June 8, 2015; Provides Dividend Guidance for the Year Ending September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2015
May 14, 2015 at 06:40 pm IST
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Ainavo Holdings Co., Ltd. announced consolidated earnings results for the six months ended March 31, 2015. For the six months, the company announced net sales of JPY 29,404 million against JPY 30,903 million a year ago. Operating income was JPY 1,124 million against JPY 1,404 million a year ago. Net income was JPY 734 million or JPY 63.53 per share against JPY 898 million or JPY 77.70 per share a year ago.
The company announced dividend of JPY 11 per share for the second quarter ended March 31, 2015 compared to JPY 12 per share paid a year ago. The dividend will be payable on June 8, 2015.
For the year ending September 30, 2015, the company expects to pay year end dividend of JPY 11 per share compared to JPY 16 per share paid a year ago.
The company provided consolidated earnings guidance for the full year ending September 30, 2015. For the full year, the company expects to report net sales of JPY 61,200 million, operating income of JPY 1,500 million, ordinary income of JPY 1,650 million and net income of JPY 910 million or JPY 78.68 per share.
AINAVO HOLDINGS Co., Ltd., is a Japan-based company involved in the large-sized property business and the detached house business. The Company operates in two business segments. The Detached House segment is engaged in the sale and construction of various tile products such as interior and exterior tiles, floor tiles, exteriors and other related products, and housing related products such as bathtubs, water heaters, system kitchens, sanitary equipment, solar power generation systems and other products. The Large-sized Property segment is engaged in the interior tile, exterior tile and floor tile construction works, the housing equipment construction works such as unit baths, system kitchens, bathtubs and others, the large ceramic tile works made of stones and dry methods, and the air conditioning and sanitary equipment works.
Ainavo Holdings Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended March 31, 2015; Announces Dividend for the Second Quarter Ended March 30, 2015, Payable on June 8, 2015; Provides Dividend Guidance for the Year Ending September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2015
AINAVO HOLDINGS CO.,LTD. 
