January 26, 2017 Listed company: DAIKYO INCORPORATED Listed stock exchange: Tokyo Securities code: 8840 URL:http://www.daikyo.co.jp Representative: Akira Yamaguchi, Representative Executive Officer, President
Contact: Koichi Hinago, General Manager, Group Corporate Planning Dept. Planned date of the filing of quarterly report: February 2, 2017
Planned dividends payment commencement date: -
3Q earnings presentation materials: Yes
Holding of 3Q earnings announcement: None
(Amounts less than one million yen are truncated)
Consolidated Performance for the Nine Months Ended December 31, 2016 (April 1, 2016 to December 31, 2016)
) Consolidated operating results (Cumulative)
(% figures show year-on-year change) (Millions of yen)
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Nine months ended December 31, 2016
228,099
(4.3)%
12,639
5.9%
12,309
10.5%
8,290
11.0%
Nine months ended December 31, 2015
238,320
24.7%
11,939
482.0%
11,142
859.2%
7,471
435.6%
(Note) Comprehensive income: Nine months ended December 31, 2016: ¥8,447 million / 11.1%
Nine months ended December 31, 2015: ¥7,601 million / 322.7%
Net income per share
Fully diluted net income per share
Nine months ended December 31, 2016 Nine months ended
December 31, 2015
¥9.87
¥8.89
¥9.74
¥8.78
) Consolidated financial position (Millions of yen except for %)
Total assets
Net assets
Shareholders' equity ratio
As of December 31, 2016
As of March 31, 2016
264,406
274,594
171,933
166,090
65.0
60.5
(Reference) Shareholders' equity:
As of December 31, 2016: ¥171,933 million As of March 31, 2016: ¥166,090 million
State of Dividends
Annual dividends (Yen)
1Q-end
2Q-end
3Q-end
Year-end
Total
Fiscal year ended March 31, 2016
-
0.00
-
3.00
3.00
Fiscal year ending March 31, 2017
-
0.00
-
Fiscal year ending March 31, 2017 (Forecast)
6.00
6.00
(Note) Revisions to the latest dividend forecast: None
The above "State of Dividends" represents the state of dividends from common stock only. Please refer to "State of Dividends from Class Stock" for the state of dividends from class stock (unlisted) issued by DAIKYO INCORPORATED ("the Company") with different rights from common stock.
Consolidated Performance Forecast for the Fiscal Year Ending March 31, 2017 (April 1, 2016 to March 31, 2017)
(% figures show year-on-year change) (Millions of yen)
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Net income per share
Full year
340,000
1.5%
20,000
9.2%
19,000
11.2%
14,000
10.9%
¥16.57
(Note) Revisions to the latest performance forecast: None
Disclaimer:
This document was prepared in English for convenience purposes only. The original Japanese document shall take precedence in the event of any discrepancies arising from the translations or interpretations contained in this document.
* Notes
New: -
(Company name: )
Excluded: -
(Company name: )
) Changes in significant subsidiaries during the nine months under review (changes in specified subsidiaries resulting in change in scope of consolidation): None
Application of special accounting treatment for the preparation of quarterly consolidated financial statements: None
) Changes in accounting policies and estimates, or retrospective restatements
Change in accounting policies in accordance with revision of accounting standards: Yes
Change in accounting policies other than item (i) above: None
Change in accounting estimates: None
Retrospective restatements: None
(Note) For details on those changes, refer to "2. Summary Information (Notes), (3) Changes in accounting policies and estimates, or retrospective restatements" on page 9.
) Number of shares issued (common stock)
(Unit: share)
1) Number of issued shares at end of period (including treasury stock):
Dec. 31, 2016
843,542,737
Mar. 31, 2016
843,542,737
2) Number of shares of treasury stock at end of period:
Dec. 31, 2016
3,501,083
Mar. 31, 2016
3,488,219
3) Average number of shares during period:
Apr.-Dec. 2016
840,050,209
Apr.-Dec. 2015
840,068,414
Presentation of implementation state for quarterly review procedures
The quarterly review procedure based on the Financial Instruments and Exchange Act does not apply to these Consolidated Financial Results, and the quarterly review procedure based on the Financial Instruments and Exchange Act had not been completed as of the release of these Consolidated Financial Results.
Explanation of the appropriate use of performance forecasts, other points to note
Forward-looking statements in this document, including performance outlook, are based on the information available to the Company at this time, as well as certain assumptions deemed reasonable by the Company. Accordingly, the actual results may vary significantly due to a variety of factors.
Earnings presentation materials for the third quarter will be posted on TDnet on the day of the earnings announcement, and also posted on the Company's website.
State of Dividends from Class Stock
Annual dividends (Yen)
1Q-end
2Q-end
3Q-end
Year-end
Total
Fiscal year ended March 31, 2016
-
-
-
8.13
8.13
Fiscal year ending March 31, 2017
-
-
-
Fiscal year ending March 31, 2017 (Forecast)
7.73
7.73
The breakdown of the dividends per share from class stock with different rights from common stock is as follows. (Class 1 preferred stock)
1. Qualitative Information on Consolidated Performance in the Third Quarter (1) Explanation of the consolidated operating resultsDuring the nine months ended December 31, 2016, net sales decreased ¥10,221 million yen, or 4.3% year on year, to ¥228,099 million, operating income increased ¥700 million, or 5.9% year on year, to ¥12,639 million, and ordinary income increased ¥1,166 million, or 10.5%, to ¥12,309 million. Profit attributable to owners of parent increased ¥818 million, or 11.0%, to ¥8,290 million.
Progress was generally in line with full-year forecasts, and there has been no change in the full-year performance forecast announced in May 2016.
(Millions of yen)
Category
Nine months ended December 31, 2015
Nine months ended December 31, 2016
Change
Net sales
238,320
228,099
(10,221)
Operating income
11,939
12,639
700
Ordinary income
11,142
12,309
1,166
Profit attributable to owners of parent
7,471
8,290
818
Performance by segment is described below. Please note that amounts for each segment include intersegment transactions.
The order in which segments are listed has been changed from the second quarter of this consolidated fiscal period.
Performance by Segment (Millions of yen)
Category
Nine months ended December 31, 2015
Nine months ended December 31, 2016
Change
Net sales
Operating
income
Net sales
Operating
income
Net sales
Operating
income
Real Estate Management
114,295
6,531
115,064
6,775
768
244
Real Estate Brokerage
39,439
2,456
44,575
2,027
5,136
(428)
Real Estate
Development and Sales
88,170
5,254
71,953
5,609
(16,216)
354
Adjustments
(Eliminations or Corporate Assets/Expenses)
(3,584)
(2,302)
(3,494)
(1,772)
90
529
Total
238,320
11,939
228,099
12,639
(10,221)
700
Daikyo Inc. published this content on 26 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 January 2017 02:15:09 UTC.
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