DaikyoNishikawa Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2016; Provides Financial and Dividend Guidance for the Year Ending Mar. 31, 2017
February 14, 2017
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DaikyoNishikawa Corporation announced consolidated financial results for the nine months ended December 31, 2016. For the nine months, the company reported operating income of ¥11,618 million and profit attributable to owners of the parent of ¥8,190 million or ¥110.82 per diluted share on net sales of ¥114,161 million against operating income of ¥13,567 million and profit attributable to owners of the parent of ¥8,719 million on net sales of ¥119,960 million for the same period of last year.
For the year ending Mar. 31, 2017, the company expects, operating income of ¥14,200 million and profit attributable to owners of the parent of ¥9,800 million or ¥132.62 per diluted share on net sales of ¥152,000 million.
For the year ending Mar. 31, 2017, the company expects to pay an year end dividend of ¥12 per share.
DaikyoNishikawa Corp is engaged in the manufacture and sale of automotive resin parts. The Company operates in four geographical segments: Japan, China & Korea, ASEAN, Central America & North America. The Company purchases raw materials and manufacturers automobile equipment such as instrument panels and bumpers, and housing equipment such as bus unit members. The Japan segment has two divisions. The automobile parts manufacture division is involved in the provision of automobile resin parts, the development of production equipment and jigs, and the design and manufacture of molding dies and precision jigs. The others division is involved in the provision of housing equipment, the life insurance and non-life insurance agency business. Other segments are also involved in the design and technical services for automobile parts and staffing business, in addition to the provision of resin parts for automobiles.
DaikyoNishikawa Corporation Announces Consolidated Financial Results for the Nine Months Ended December 31, 2016; Provides Financial and Dividend Guidance for the Year Ending Mar. 31, 2017
DAIKYONISHIKAWA CORPORATION 
