Yamashin-Filter CORP. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017; Expects to Pay Second Quarter Dividend and Year End Dividend for the Fiscal Year Ending March 31, 2017
August 03, 2016
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Yamashin-Filter CORP. announced consolidated earnings results for the first quarter ended June 30, 2016. For the period, the consolidated company reported net sales of ¥2,347 million, operating income of ¥192 million, ordinary income of ¥195 million, net profit attributable to owners of the parent of the company of ¥159 million or net income per share of ¥12.85 compared to net sales of ¥2,558 million, operating income of ¥88 million, ordinary income of ¥81 million, net profit attributable to owners of the parent of the company of ¥64 million or net income per share of ¥5.20 for the same period last year.
The company expects to pay second quarter dividend of ¥5.00 per share and year end dividend of ¥5.00 per share for the fiscal year ending March 31, 2017.
For the full year of fiscal year ending March 31, 2017, the consolidated company expects net sales of ¥8,670 million, operating income of ¥344 million, ordinary income of ¥286 million, profit attributable to owners of the parent of the company of ¥181 million or net income per share of ¥14.62.
Yamashin-Filter Corp is mainly engaged in the development, manufacture, and sale of filter products for construction machinery, air filter products, and healthcare-related products such as masks for home use. The Company operates its business through three segments. The Construction Machinery Filter segment mainly develops, manufactures, and sells filters for construction machinery, industrial use, and process use. The Air Filter segment mainly develops, manufactures, and sells air filters. The Healthcare segment mainly develops, manufactures, and sells Yamashin original masks that utilize synthetic polymer-based nanofibers.
Yamashin-Filter CORP. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017; Expects to Pay Second Quarter Dividend and Year End Dividend for the Fiscal Year Ending March 31, 2017