Sankyo Frontier. Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016
February 12, 2016 at 10:00 am EST
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Sankyo Frontier. Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2016. The company expects year-end dividend of ¥17.50 per share compared to ¥15 per share paid a year ago.
The company reported consolidated earnings results for the third quarter ended December 31, 2015. For the period, the company reported net sales of ¥22,682 million, operating income of ¥2,654 million, ordinary income of ¥2,692 million, profit attributable to owners of parent of ¥1,651 million or ¥74.31 per share against net sales of ¥21,643 million, operating income of ¥2,845 million, ordinary income of ¥2,793 million, profit attributable to owners of parent of ¥1,604 million or ¥72.19 per share a year ago.
For the full year ending March 31, 2016, net sales are expected to be ¥34,000 million, operating income to be ¥4,500 million, ordinary income to be ¥4,500 million, net income to be ¥2,550 million or ¥114.70 per share.
SANKYO FRONTIER CO., LTD. is a Japan-based company engaged in the manufacture, sale and rental of unit houses and multistory parking facilities. The Unit Houses segment manufactures, sells and rents unit houses. It is also engaged in the shipment, maintenance, delivery, construction and dismantlement of unit houses, the manufacture, sale and rent of multistory parking facilities and construction machineries, among others. The other businesses include the operation of accommodation, the manufacturing, sale and rental of plant factories, as well as the processing of surplus soil through soil improvement plants.
Sankyo Frontier. Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016; Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016