Showa Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 25, 2018
For the year ended March 31, 2018, the company announced year-end dividend of ¥12.00 per share. Date of dividend payments is June 25, 2018.
For the second quarter of fiscal year ending March 31, 2019, the company expects dividend of ¥15.00 per share.
For the year ending March 31, 2019, the company expects year-end dividend of ¥15.00 per share.
For the year, on non-consolidated basis, the company's revenue was ¥109,129 million against ¥100,190 million a year ago. Operating income was ¥7,398 million against ¥2,222 million a year ago. Ordinary income was ¥20,990 million against ¥9,608 million a year ago. Net income was ¥13,449 million against loss of ¥17,971 million a year ago. Net income per share was ¥177.05 against loss of ¥236.58 a year ago.
For the year ending March 31, 2019, the company expects net sales of ¥280,000 million, operating income of ¥27,000 million, profit before taxes of ¥27,200 million, annual net income of ¥20,800 million and profit for the year attributable to owners of the parent of ¥17,000 million or ¥223.78 per basic share.