Nichidai Corporation announced consolidated earnings results for the full year ended March 31, 2015. For the period, the company reported net sales of JPY 14,635 million compared to JPY 14,272 million a year ago. Operating income was JPY 1,269 million compared to JPY 1,306 million a year ago. Net income was JPY 875 million or JPY 96 per share compared to JPY 809 million or JPY 89 per share a year ago. Return on equity was 9.9% compared to 10.3% a year ago. Cash flow from operating activities was JPY 1,475 million compared to JPY 2,366 million a year ago.
The company announced dividend of JPY 12 per share for the year ended March 31, 2015 compared to JPY 10 per share paid in the same period a year ago.
The company provided dividend guidance for the six months and year ending March 31, 2016. For the six months, the company expected dividend of JPY 10 per share compared to JPY 8 per share paid in the same period a year ago.
For the year, the company expected dividend of JPY 10 per share compared to JPY 12 per share paid in the same period a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2015 and full year ending March 31, 2016. For the six months ending September 30, 2015, the company expected net sales of JPY 7,500 million, operating income of JPY 620 million and net of JPY 390 million or JPY 43 per share.
For the full year ending March 31, 2016, the company expected net sales of JPY 15,700 million, operating income of JPY 1,400 million and net income of JPY 890 million or JPY 98 per share.