Maeda Road Construction Co., Ltd. announced dividend of JPY 55.00 per share for the fiscal year ended March 31, 2017. Scheduled date of commencing dividend payments is June 30, 2017.

For the year ending March 31, 2018, the company expects to pay a year-end dividend of JPY 55.00 per share compared to JPY 55.00 per share paid a year ago.

The company reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, the company reported, net sales of JPY 233,107 million against JPY 232,679 million a year ago. Operating profit was JPY 26,649 million against JPY 28,809 million a year ago. Ordinary profit was JPY 27,048 million against JPY 29,291 million a year ago. Profit attributable to owners of parent was JPY 17,922 million or JPY 207.67 per basic share against JPY 17,463 million or JPY 202.46 per basic share a year ago. Return on equity was 9.8% against 10.4% a year ago. Net assets per share were JPY 2,239.97 as of March 31, 2017 against JPY 1,999.39 as of March 31, 2016. Net cash provided by operating activities was JPY 28,569 million against JPY 27,111 million a year ago. Purchase of property, plant and equipment was JPY 14,908 million against JPY 9,004 million a year ago. Profit before income taxes was JPY 26,460 million against JPY 27,479 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 221,034 million against JPY 221,141 million a year ago. Operating profit was JPY 26,103 million against JPY 28,289 million a year ago. Ordinary profit was JPY 26,355 million against JPY 27,976 million a year ago. Profit was JPY 17,578 million or JPY 203.38 per basic share against JPY 16,248 million or JPY 187.96 per basic share a year ago. Net assets per share were JPY 2,204.77 as of March 31, 2017 against JPY 2,035.40 as of March 31, 2016. Profit before income taxes was JPY 25,728 million against JPY 25,900 million a year ago.

The company provided consolidated and non-consolidated earnings guidance for the first half year and full year ending March 31, 2018. For the first half year on consolidated basis, the company expects net sales of JPY 100,000 million, operating profit of JPY 9,900 million, ordinary profit of JPY 10,100 million and profit attributable to owners of parent of JPY 6,600 million or JPY 76.48 per basic share.

For the full year on consolidated, the company expects net sales of JPY 240,000 million, operating profit of JPY 27,200 million, ordinary profit of JPY 27,400 million and profit attributable to owners of parent of JPY 18,300 million or JPY 212.05 per basic share.

For the first half year, on non-consolidated basis, the company expects net sales of JPY 95,000 million, Ordinary profit of JPY 10,100 million and profit of JPY 6,600 million or JPY 76.36 per basic share.

For the full year on non-consolidated basis, the company expects net sales of JPY 225,000 million, ordinary profit of JPY 26,700 million and profit of JPY 18,000 million or JPY 208.27 per basic share.