Yamada Denki Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
November 27, 2017 at 07:08 pm EST
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Yamada Denki Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales were JPY 787,702 million against JPY 767,196 million a year ago. Operating profit was JPY 20,182 million against JPY 26,097 million a year ago. Ordinary profit was JPY 25,367 million against JPY 27,838 million a year ago. Profit before income taxes was JPY 23,877 million against JPY 23,465 million a year ago. Profit attributable to owners of parent was JPY 16,817 million against JPY 14,077 million a year ago. Diluted earnings per share were JPY 20.58 against JPY 17.51 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 1,601,000 million, operating profit of JPY 74,600 million, ordinary profit of JPY 83,300 million and profit attributable to owners of parent of JPY 47,000 million or JPY 57.63 basic earnings per share.
The company provided dividend guidance for the year ending March 31, 2018. The company expects to pay year end dividend of JPY 18 per share compared to JPY 13 per share paid for the same period a year ago.
Yamada Holdings Co Ltd, formerly Yamada Denki Co Ltd, is a Japan-based company primarily engaged in the sale of home appliances and information appliances. The Company is engaged in the purchase and sale of products, the manufacture and sale of cosmetics, the delivery and installation of products, the collection and transportation of industrial waste, the purchase, recycling and sale of used home appliances and personal computers, the credit cards and mortgage loans business, the insurance agency business, the stores construction and electrical construction business, the air conditioning and electrical construction business, the real estate business, as well as the manufacture and sale of housing equipment and the construction and sale of houses.
Yamada Denki Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
YAMADA HOLDINGS CO., LTD. 
