Sanoyas Holdings Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Announces Earnings Guidance for the Year Ending March 31, 2019; Declares Year End Dividend for the Year Ended March 31, 2018, Payable on June 25, 2018; Provides Year-End Dividend Guidance for the Year Ending March 31, 2019
May 11, 2018
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Sanoyas Holdings Corporation announced consolidated earnings results for the year ended March 31, 2018. For the year, the company's net sales were ¥47,455 million against ¥53,064 million last year. Operating loss was ¥3,160 million against operating profit of ¥904 million last year. Ordinary loss was ¥3,145 million against ordinary profit of ¥863 million last year. Loss attributable to owners of parent was ¥4,260 million or ¥130.77 per basic share against ¥2,446 million or ¥75.11 per basic share last year. Net cash provided by operating activities was ¥8,800 million against net cash used in operating activities of ¥64 million last year. Return on equity was negative 27.7% against negative 13.5% last year. Purchase of property, plant and equipment was ¥2,051 million against ¥1,780 million last year. Loss before income taxes was ¥1,559 million against ¥4,232 million last year.
For the year ending March 31, 2019, the company expects net sales of ¥46,000 million, operating loss of ¥800 million, ordinary loss of ¥800 million, and loss attributable to owners of parent of ¥800 million or ¥24.56 per basic share.
For the year ended March 31, 2018, the company declared year end dividend of JPY 5.00 per share against JPY 5.00 per share paid a year ago. Scheduled date of commencing dividend payments will be June 25, 2018.
The company expects to pay a year-end dividend of JPY 5.00 per share for the year ending March 31, 2019.
Sanoyas Holdings Corporation is a holding company mainly engaged in the shipbuilding business. The Company operates through three business segments. The Shipbuilding segment is mainly engaged in the building bulk carriers for domestic and overseas ship owners, and repair of ships for private and government vessels. The Land segment is involved in the manufacture and rental of elevators for construction work; the manufacture and maintenance of mechanical parking devices; the manufacture of mechanical parts and other products; the engineering work of air conditioning, drainage and environmental work; software development; sales of ship equipment; security business; management of real estate; as well as insurance agent business. The Leisure segment is engaged in manufacture of amusement park machine, management of amusement parks, operation and maintenance of amusement facilities, operation of Ferris wheel and accompanying facilities, and management of leisure facilities.
Sanoyas Holdings Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Announces Earnings Guidance for the Year Ending March 31, 2019; Declares Year End Dividend for the Year Ended March 31, 2018, Payable on June 25, 2018; Provides Year-End Dividend Guidance for the Year Ending March 31, 2019