Yamazen Corporation Reports Consolidated Financial Results for the Year Ended Mar. 31, 2018; Provides Financial and Dividend Guidance for the Six Months Ending Sep. 30, 2018 and for the Year Ending Mar. 31, 2019; Announces Dividend for the Year Ended Mar. 31, 2018, Payable on June 4, 2018
May 09, 2018
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Yamazen Corporation reported consolidated financial results for the year ended Mar. 31, 2018. For the year, the company reported operating profit of ¥15,383 million and profit attributable to owners of parent of ¥10,205 million or ¥107.79 per share on net sales of ¥497,963 million against operating profit of ¥13,113 million and profit attributable to owners of parent of ¥8,518 million or ¥90.82 per share on net sales of ¥447,698 million for the last year. Profit attributable to owners of parent/equity was 12.8% against 11.9% for the last year. Cash flows from operating activities was ¥8,001 million against ¥8,248 million for the last year. Profit before income taxes was ¥16,186 million against ¥13,005 million for the last year. Purchase of property, plant and equipment and intangible assets was ¥924 million against ¥1,282 million for the last year.
For the six months ending Sep. 30, 2018, the company expects, operating profit of ¥6,700 million and profit attributable to owners of parent of ¥4,600 million or ¥48.63 per share on net sales of ¥253,000 million.
For the year ending Mar. 31, 2019, the company expects, operating profit of ¥15,500 million and profit attributable to owners of parent of ¥10,500 million or ¥111.00 per share on net sales of ¥515,000 million.
For the year ended Mar. 31, 2018, the company announced a dividend of ¥19.50 per share. Scheduled date to commence dividend payments is June 4, 2018.
For the year ending Mar. 31, 2019, the company expects to pay a dividend of ¥15 per share at the end of the second quarter and a dividend of ¥17.50 per share at the end of the year.
YAMAZEN CORPORATION is a Japan-based company engaged in the sale of production goods, home building materials and household equipment products. The Company operates in three business segments. The Production Goods segment provides the machinery business and kiko business. The machinery business is engaged in the sale, import and export of machine tools, forging and sheet metal machines, machine tool peripherals. The kiko business is engaged in the sale, import and export of materials handling, mechatronics, environmental improvement equipment, cutting tools, steel processing machinery, air conditioning equipment. The Housing segment is engaged in the sale of kitchen appliances, cooking appliances, bathroom appliances, wash basins. The Household Equipment segment is engaged in the plan, development and sale of home appliances, interior goods, leisure and sports goods, pet supplies, gardening goods. The Company also provides event planning, travel mediation, storage business.
Yamazen Corporation Reports Consolidated Financial Results for the Year Ended Mar. 31, 2018; Provides Financial and Dividend Guidance for the Six Months Ending Sep. 30, 2018 and for the Year Ending Mar. 31, 2019; Announces Dividend for the Year Ended Mar. 31, 2018, Payable on June 4, 2018
YAMAZEN CORPORATION 
