Wakita & Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2012; Provides Earnings Guidance for Fiscal Ending March 31, 2013; Provides Dividend Guidance for Fiscal Ending March 31, 2013
January 08, 2013
Share
Wakita & Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2012. The company reported net sales of ¥36,463 million, operating income of ¥4,265 million, net income of ¥2,554 million or ¥56 per share against net sales of ¥31,697 million, operating income of ¥3,169 million, net income of ¥1,611 million or ¥39.74 per share a year ago.
The company expects net sales of ¥44,500 million, operating income of ¥4,800 million, net income of ¥2,700 million or ¥58.34 per share for fiscal ending March 31, 2013.
The company plans to pay dividend of ¥19 per share for fiscal ending March 31, 2013.
Wakita & Co.,LTD. is a Japan-based company engaged in the sale and leasing of civil engineering and construction machinery, cargo handling and transport machines, commercial equipment, video and audio equipment, game machines, construction materials, as well as rental & sale of real estate. The Company operates through three business segments. Construction Equipment segment is engaged in the sale and rental of civil engineering and construction machinery. Commercial Affairs segment is engaged in the sale of commercial facilities, audio equipment and game machines, among others. Real Estate segment is engaged in lease and sale of real estate including commercial buildings and condominiums.
Wakita & Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2012; Provides Earnings Guidance for Fiscal Ending March 31, 2013; Provides Dividend Guidance for Fiscal Ending March 31, 2013
WAKITA & CO.,LTD. 
