Sankyo Frontier. Co., Ltd. Reports Earnings Results for Six Months Ended September 2015; Provides Earnings and Year End Dividend Outlook for the Year Ending March 31, 2016; Announces Dividend for Six Months Ended September 2015, Payable on December 7, 2015
November 11, 2015 at 10:00 am EST
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Sankyo Frontier. Co., Ltd. reported earnings results for six months ended September 2015. For the period, the company's net sales were ¥15,144 million against ¥14,286 million a year ago. Operating income was ¥1,866 million against ¥1,976 million a year ago. Ordinary income was ¥1,862 million against ¥1,942 million a year ago. Profit attributable to owners of parent was ¥1,059 million against ¥1,075 million a year ago. Net income per share was ¥47.64 against ¥48.37 a year ago.
The company announced dividend of ¥17.50 per share for six months ended September 2015, payable on December 7, 2015.
For the year ending March 31, 2016, the company expects year end dividend of ¥17.50 per share against ¥15.00 per share paid for same period a year ago.
For the year ending March 31, 2016, the company expects net sales of ¥34,000 million, operating income of ¥4,500 million, ordinary income of ¥4,500 million and profit attributable to owners of parent of ¥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. Reports Earnings Results for Six Months Ended September 2015; Provides Earnings and Year End Dividend Outlook for the Year Ending March 31, 2016; Announces Dividend for Six Months Ended September 2015, Payable on December 7, 2015