Daikoku Denki Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018 and for the Six Months Ending September 2017; Announces Dividend for the Year Ended March 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018 and for the Six Months Ending September 2017
May 22, 2017
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Daikoku Denki Co. Ltd. reported consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 40,714 million compared to JPY 47,004 million a year ago. Operating income was JPY 1,048 million compared to loss of JPY 894 million a year ago. Ordinary income was JPY 1,374 million compared to loss of JPY 749 million a year ago. Net income was JPY 502 million or JPY 34.01 per share compared to loss of JPY 1,676 million or JPY 113.41 per share a year ago. Net assets per share were JPY 1,971.96 as on March 31, 2017 against JPY 1,981.38 March 31, 2016. Cash flows from operating activities were JPY 9,339 million against JPY 4,710 million a year ago.
For the fiscal year ending March 31, 2018, the company expects net sales of JPY 39,000 million, operating income of JPY 1,300 million, ordinary income of JPY 1,300 million, net income of JPY 800 million or JPY 54.12 per basic share.
For the six months ending September 2017, the company expects net sales of JPY 19,000 million, operating income of JPY 100 million, ordinary income of JPY 100 million, net income of JPY 50 million or JPY 3.38 per basic share.
The company plans to pay dividend of JPY 10 per share for the second quarter of 2018 against JPY 10 per share a year ago.
The company plans to pay dividend of JPY 30 per share for the year ending March 31, 2018 against JPY 40 per share a year ago.
The company announced dividend of JPY 40 per share for the year ended March 31, 2017 against JPY 40 per share a year ago.
DAIKOKU DENKI CO., LTD. is a Japan-based company primarily engaged in the development, manufacturing and sales of computer systems targeting at pachinko (Japanese pinball) halls and components. The Company operates in two business segments. The Information Systems segment is engaged in the development, manufacturing and sales of computer systems for pachinko parlor, prize customer management system, and information disclosure system. The Control Systems segment is engaged in the development, manufacturing, and sales of display units and control units for pachinko machine machines; planning, development, manufacturing and sales of pachi-slot machines, as well as sales of parts used for game machines.
Daikoku Denki Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018 and for the Six Months Ending September 2017; Announces Dividend for the Year Ended March 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018 and for the Six Months Ending September 2017
DAIKOKU DENKI CO., LTD. 
