Topre Corporation Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Year Ending March 30, 2017
January 31, 2017 at 06:30 pm IST
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Topre Corporation provided dividend guidance for the year ending March 31, 2017. For the year, the company expects dividend of ¥20.00 per share against ¥20.00 per share a year ago. Annual dividend expects to be ¥40.00 per share against ¥37.00 per share a year ago.
The company reported consolidated earnings results for the third quarter ended December 2016. For the period, the company reported net sales of JPY 120,787 million against JPY 103,085 million a year ago. Operating income was JPY 14,821 million against JPY 12,501 million a year ago. Ordinary income was JPY 14,190 million against JPY 11,194 million a year ago. Profit attributable to owners of parent was JPY 10,115 million against JPY 6,889 million a year ago. Diluted earnings per share were JPY 192.61 against JPY 131.07 a year ago.
For the year ending March 30, 2017, the company expects consolidated net sales of JPY 161,000 million, operating income of JPY 19,000 million, ordinary income of JPY 18,000 million and profit attributable to owners of parent 12,500 or JPY 249.75 per basic share.
Topre Corporation is a Japan-based company mainly engaged in the manufacture and sale of pressed products, constant thermal logistics-related products, air conditioners and electronic devices. The Company operates in three business segments. The Press-related Products segment offers pressed products and molds for pressed products. The Constant Thermal Logistics segment is involved in the production and sale of freezer cars and refrigerator cars. The Others segment is involved in the production and sale of clean room equipment, air blowers, ventilation system for housing use, as well as electronic equipment. This segment is also engaged in the surface processing business. As of March 31, 2014, the Company had 16 subsidiaries and one associated company.
Topre Corporation Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Year Ending March 30, 2017
TOPRE CORPORATION 
