Toyobo Co., Ltd. Announces Unaudited Consolidated Earnings Results for Nine Months Ended Dec. 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Full Year Ending 2016
February 08, 2016
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Toyobo Co., Ltd. announced unaudited consolidated earnings results for nine months ended Dec. 31, 2015. For the period, the company reported net sales of ¥257,865 million, operating income of ¥15,512 million, ordinary income of ¥14,065 million, profit attributable to owners of parent of ¥7,537 million or ¥8.49 income per share, compared to the net sales of ¥255,419 million, operating income of ¥12,524 million, ordinary income of ¥8,471 million, profit attributable to owners of parent of ¥5,870 million or ¥6.61 income per share, for the same period a year ago.
The company provides earnings guidance for the full year ending March 31, 2016. The company forecast net sales of ¥365,000 million, operating income of ¥23,000 million, ordinary income of ¥21,000 million, profit attributable to owners of parent of ¥11,500 million or ¥12.95 income per share.
The company provides dividend guidance for the full year ending 2016. For the year the company forecast Dividend of ¥3.50.
Toyobo Co Ltd is a Japan-based company mainly engaged in the film and functional resin business, industrial material business, and textile and commerce business. It has five business segments. Film and Functional Resin segment manufactures, processes and sells packaging films, industrial films, industrial adhesives, engineering plastics and optical functional materials. Industrial Materials segment manufactures, processes and sells automotive fiber materials, super fibers, non-woven fabrics. Textile and Trading segment manufactures and sells functional clothing, apparel products, clothing textiles, and clothing fibers. Healthcare segment manufactures, processes and sells bio products, pharmaceuticals, medical membranes, medical devices, aqua membranes, and functional filters. It is also engaged in the assembly and sale of seawater desalination modules. The Real Estate segment sells, rents and manages movables. It also designs and constructs buildings and machinery and sells equipment.
Toyobo Co., Ltd. Announces Unaudited Consolidated Earnings Results for Nine Months Ended Dec. 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Full Year Ending 2016