Nihon M&A Center Provides Year-End Dividend Guidance for the Fiscal Year Ending March 2016; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 2016
January 29, 2016 at 08:30 pm IST
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Nihon M&A Center provided year-end dividend guidance for the fiscal year ending March 2016. For the year, the company expects year-end dividend of JPY 20 per share compared to year-end dividend of JPY 19 per share a year ago.
The company reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of JPY 11,278 million against JPY 9,181 million a year ago. Operating income was JPY 5,790 million against JPY 4,956 million a year ago. Ordinary income was JPY 5,927 million against JPY 4,999 million a year ago. Profit attributable to owners of parent was JPY 3,941 million against JPY 3,166 million a year ago. Diluted net income per share was JPY 96.52 against JPY 77.67 a year ago.
For the fourth quarter ending March 2016, the company expects net sales of JPY 13,300 million, operating income of JPY 6,710 million, ordinary income of JPY 6,710 million and profit attributable to owners of parent of JPY 4,410 million or JPY 110.28 net income per share.
Nihon M&A Center Holdings Inc, formerly Nihon M&A Center Inc, is a Japan-based company principally involved in the merger and acquisition (M&A) brokerage business. The Company mainly works on projects of small and medium-sized enterprises in Japan. The Company mainly operates M&A brokerage business. The flow of the M&A brokerage business includes marketing, contracting of the transferring company, evaluation of the transferring companies, proposal to the buyer companies, various negotiations and adjustment of contracts. Other businesses include the operation of membership organizations (membership fee income) of regional M&A centers operated by accounting offices in each region.
Nihon M&A Center Provides Year-End Dividend Guidance for the Fiscal Year Ending March 2016; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 2016