Daiken Co. Ltd. Reports Earnings Results for the Quarter Ended November 2017; Announces Earnings Guidance for the Year Ending February 28, 2018; Provides Year-End Dividend Guidance for the Year Ending February 28, 2018
January 10, 2018 at 12:00 pm IST
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Daiken Co. Ltd. reported earnings results for the quarter ended November 2017. For the quarter, the company's net sales were ¥7,772 million against ¥7,453 million last year. Operating income was ¥224 million against ¥199 million last year. Ordinary income was ¥230 million against ¥194 million last year. Profit attributable to owners of parent was ¥151 million or ¥25.82 per basic share against ¥126 million or ¥21.48 per basic share last year.
For the year ending February 28, 2018, consolidated basis, the company expects net sales of ¥10,900 million, operating income of ¥500 million, ordinary income of ¥500 million, and profit attributable to owners of parent of ¥300 million or ¥51.08 per basic share.
The company expects to pay a year-end dividend of JPY 15.00 per share for the year ending February 28, 2018 against JPY 15.00 per share for the same period a year ago. Thus the annual dividend would amount to JPY 15.00 per share for the year ending February 28, 2018 against JPY 15.00 per share for the same period a year ago.
DAIKEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building hardware, exterior building materials and exterior products. The Company operates through two business segments. The Building Related Products segment is engaged in the manufacture, sale and installation of exterior building materials, interior building materials, as well as home delivery boxes, door hangers, and household sliding door closers. The Real Estate Rental segment is engaged in the operation of rental apartments for singles and rental stores. Exterior building materials include shades, aluminum drainers, handrails for shades, exterior blindfolded panels. Interior building materials include inspection doors, pits, gratings, stainless steel entrance wiping mats, ceiling lighting louvers, aluminum pipes, curtain rails.
Daiken Co. Ltd. Reports Earnings Results for the Quarter Ended November 2017; Announces Earnings Guidance for the Year Ending February 28, 2018; Provides Year-End Dividend Guidance for the Year Ending February 28, 2018