Asahi Yukizai Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Declares Dividend for the Year Ended March 31, 2018, Payable on June 22, 2018; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2019
May 15, 2018
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Asahi Yukizai Corporation announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 50,174 million compared to JPY 42,029 million a year ago. Operating profit was JPY 3,362 million compared to JPY 2,062 million a year ago. Ordinary profit was JPY 3,402 million compared to JPY 1,944 million a year ago. Profit before income taxes was JPY 3,511 million compared to JPY 1,535 million a year ago. Profit attributable to owners of parent was JPY 2,785 million or JPY 145.31 per share compared to JPY 1,091 million or JPY 56.93 per share a year ago. Net cash provided by operating activities was JPY 3,012 million compared to JPY 2,492 million a year ago. Purchase of intangible assets was JPY 140 million compared to JPY 150 million a year ago. Purchase of property, plant and equipment was JPY 1,861 million compared to JPY 1,742 million a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2018 and full year ending March 31, 2019. For the six months ending September 30, 2018, the company expects net sales of JPY 25,500 million, operating profit of JPY 1,300 million, ordinary profit of JPY 1,300 million and profit attributable to owners of parent of JPY 1,500 million or JPY 78.30 per share.
For the year ending March 31, 2019, the company expects net sales of JPY 55,000 million, operating profit of JPY 3,500 million, ordinary profit of JPY 3,500 million and profit attributable to owners of parent of JPY 3,200 million or JPY 167.00 per share.
The company declared dividend of JPY 25.00 per share for the year ended March 31, 2018 compared to JPY of 3.00 per share a year ago. The dividend is payable on June 22, 2018.
The company provided dividend guidance for the second quarter and full year of fiscal year ending March 31, 2019. For the second quarter of fiscal year ending March 31, 2019, the company expects to pay a dividend of JPY 25.00 per share compared to JPY 4.00 per share a year ago.
For the fiscal year ending March 31, 2019, the company expects to pay a dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.
ASAHI YUKIZAI CORPORATION is a Japan-based company mainly engaged in the development, manufacture and sale of industrial resin and plumbing equipment products. The Company operates its business through three business segments. The Pipe System segment is involved in the manufacture and sale of piping materials made of synthetic resin such as vinyl chloride, as well as the design and construction of piping works. The Resin segment manufactures and sells casting resins, resin coated sand for castings, resins for general industrial use, resins for foam materials, resins and derivatives for electronic materials, and resin molding materials. The Water Treatment & Resource Development segment is involved in the design, construction, maintenance and management of water treatment facilities, as well as the design and construction of drilling wells.
Asahi Yukizai Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Declares Dividend for the Year Ended March 31, 2018, Payable on June 22, 2018; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2019
ASAHI YUKIZAI CORPORATION 
