Dainichiseika Color & Chemicals Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Dividend and Earnings Guidance for the Full Year of Fiscal 2017; Declares Interim Dividend, Payable from December 5, 2016
November 10, 2016
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Dainichiseika Color & Chemicals Mfg. Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of JPY 77,668 million compared with JPY 80,052 million for the same period a year ago. Operating income was JPY 5,586 million compared with JPY 5,207 million for the same period a year ago. Ordinary income was JPY 5,490 million compared with JPY 5,541 million for the same period a year ago. Profit attributable to owners of the parent was JPY 4,685 million or JPY 50.47 per share compared with JPY 4,083 million or JPY 43.99 per share for the same period a year ago. Profit before income taxes was JPY 5,844 million compared with JPY 5,720 million for the same period a year ago.
The company declared an interim dividend of JPY 7.50 per share for the six months ended September 30, 2016. The dividend is payable from December 5, 2016.
The company provided dividend guidance for the full year of fiscal 2017. The company plans to pay final dividend of JPY 7.50 per share for the full year of fiscal 2017.
The company provided earnings guidance for the full year of 2017. For the full year, the company expects to report net sales of JPY 161,000 million, operating income of JPY 10,000 million, ordinary income of JPY 10,400 million and profit attributable to owners of the parent of JPY 8,000 million or JPY 86.18 per share.
DAINICHISEIKA COLOR & CHEMICALS MFG. CO., LTD. is a Japan-based comprehensive manufacturer of high-tech and color science. The Company operates in five business segments. The Chemical Product segment is engaged in the manufacture and sales of paints and printing inks, inorganic and organic pigments and processed pigments for information display and recording, as well as colorants for fibers. The Chemical segment is engaged in the manufacture and sales of colorants for plastics such as master batches and resin compounds, as well as UV electron beam curable coating agent. The Macromolecule segment is engaged in the manufacture and sale of urethane resin and nature polymeric products. The Printing Integrated System segment provides manufacturing and sales of printing ink and products and services incidental to the business. The Others segment is real estate leasing and financial business.
Dainichiseika Color & Chemicals Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Dividend and Earnings Guidance for the Full Year of Fiscal 2017; Declares Interim Dividend, Payable from December 5, 2016