DVx Inc. Provides Dividend Guidance for the Year Ended March 31, 2016; Reports Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the year Ending of March 31, 2016
February 03, 2016 at 08:30 pm IST
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DVx Inc. provided dividend guidance for the year ended March 31, 2016. For the period, the company provided dividend guidance of JPY 23.00 per share compared to JPY 18.00 per share for the same period a year ago.
The company reported earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of JPY 22,588 million compared to JPY 21,335 million a year ago. Operating income was JPY 1,004 million compared to JPY 1,049 million a year ago. Ordinary income was JPY 1,006 million compared to JPY 1,072 million a year ago. Net income was JPY 983 million compared to JPY 681 million a year ago. Net income per share was JPY 87.19 compared to JPY 60.47 a year ago.
The company provided earnings guidance for the year ending of March 31, 2016. For the period, the company expects net sales to be of JPY 31,589 million. Operating income expected to be of JPY 1,530 million. Ordinary income expected to be of JPY 1,530 million. Net income expected to be of JPY 1,289 million. Net income per share expected to be of JPY 114.39.
DVx Inc. is a Japan-based company mainly engaged in the sale of medical equipment for circulatory system diseases. The Company operates in two business segments. The Arrhythmia segment mainly sells cardiac pacemakers, implantable cardioverter-defibrillators (ICDs), electrode catheters and ablation catheters. The Ischemia segment is engaged in the import and sale of automated contrast medium injectors under the name ACIST, excimer laser angioplasty systems, as well as sale of coronary artery stent products as agency business. The others business is engaged in the sale of neurosurgical products, general surgery related products, gastrointestinal related products, radiation protection supplies, among others.
DVx Inc. Provides Dividend Guidance for the Year Ended March 31, 2016; Reports Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the year Ending of March 31, 2016