Doshisha Co.,Ltd. Provides Dividend Guidance for the Year Ending March 31, 2017; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017
January 31, 2017 at 08:30 pm IST
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Doshisha Co.,Ltd. provided dividend guidance for the year ending March 31, 2017. For the year, the company expects to pay yearend dividend of JPY 25.00 per share compared to JPY 25.00 per share paid for the same period a year ago.
The company announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 85,100 million against JPY 88,011 million a year ago. Ordinary income was JPY 6,267 million against JPY 7,378 million a year ago. Ordinary income was JPY 6,323 million against JPY 7,587 million a year ago. Profit attributable to owners of the parent was JPY 4,234 million against JPY 4,916 million a year ago. Diluted EPS was JPY 116.46 against JPY 132.55 a year ago.
For the fiscal year ending March 31, 2017, the company expects net sales of JPY 106,000 million, operating income of JPY 6,900 million, ordinary income of JPY 7,000 million and profit attributable to owners of the parent of JPY 4,600 million or JPY 127.64 per basic share.
DOSHISHA CO., LTD. is a Japan-based company mainly engaged in the wholesale business of lifestyle-related products. The Company operates in two business segments. The Development Type Business Model segment is engaged in the sale of audio and video (A&V) related products, home appliances and home supplies, storage-related products, clothing, food and alcoholic beverage products, among others. The Wholesale Type Business Model Segment is engaged in the sale of watches, bags and assorted gifts. The other business is involved in the real estate business, the licensing business, the logistics business, the nursing welfare business and trading business, as well as professional services business.
Doshisha Co.,Ltd. Provides Dividend Guidance for the Year Ending March 31, 2017; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017