MAEDA ROAD CONSTRUCTION CO., LTD. announced dividend of JPY 55.00 per share for the fiscal year ended March 31, 2016. Scheduled date of commencing dividend payments is June 30, 2016.

The company proposed dividend of JPY 55.00 per share for the fiscal year ending March 31, 2017.

The company announced consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2016. For the year, on consolidated basis, the company reported, net sales of JPY 232,679 million against JPY 233,032 million a year ago. Operating income was JPY 28,809 million against JPY 23,684 million a year ago. Ordinary income was JPY 29,291 million against JPY 24,484 million a year ago. Profit before income taxes was JPY 27,479 million against JPY 22,092 million a year ago. Profit attributable to owners of parent was JPY 17,463 million or JPY 202.46 per basic share against JPY 13,440 million or JPY 155.86 per basic share a year ago. Net cash provided by operating activities was JPY 27,111 million against JPY 22,833 million a year ago. Purchase of property, plant and equipment was JPY 9,004 million against JPY 8,721 million a year ago. Rate of return on equity was 10.4% against 8.6% a year ago.

For the year, on non-consolidated basis, the company reported, net sales of JPY 221,141 million against JPY 224,606 million a year ago. Operating income was JPY 28,289 million against JPY 23,612 million a year ago. Ordinary income was JPY 27,976 million against JPY 24,350 million a year ago. Profit before income taxes was JPY 25,900 million against JPY 21,989 million a year ago. Profit was JPY 16,248 million against JPY 13,442 million a year ago. Net cash provided by operating activities was JPY 27,111 million against JPY 22,833 million a year ago. Purchase of property, plant and equipment was JPY 9,004 million against JPY 8,721 million a year ago.

On consolidated basis, the company provided earnings guidance for the first half and full year of fiscal year ending March 30, 2017. For the first half, the company expects net sales of JPY 100,000 million, operating income of JPY 9,500 million, ordinary income of JPY 9,800 million and profit attributable to owners of parent of JPY 6,300 million or JPY 72.99 per basic share.

For the full year ending March 30, 2017, the company expects net sales of JPY 230,000 million, operating income of JPY 25,000 million, ordinary income of JPY 25,300 million and profit attributable to owners of parent of JPY 15,500 million or JPY 179.59 per basic share.

On non-consolidated basis, the company provides earnings guidance for the first half and full year of fiscal year ending March 30, 2017. For the first half, the company expects net sales of JPY 95,000 million, operating income of JPY 9,700 million, and profit of JPY 6,300 million or JPY 72.89 per basic share.

For the full year ending March 30, 2017, the company expects net sales of JPY 215,000 million, operating income of JPY 24,300 million, and profit of JPY 15,000 million or JPY 173.54 per basic share.