Yorozu Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter of Fiscal 2018, Payable on December 8, 2017; Provides Dividend Guidance for the Year End of Fiscal 2018
November 12, 2017
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Yorozu Corporation reported consolidated earnings results for the six months ended September 30, 2017. For the six months, the company's net sales were JPY 85,709 million compared to JPY 83,173 million a year ago. Operating income was JPY 3,148 million compared to JPY 2,528 million a year ago. Ordinary income was JPY 3,888 million compared to JPY 456 million a year ago. Net income attributable to owners of the parent was JPY 2,584 million compared to JPY 290 million a year ago. Net income per share was JPY 108.73 compared to JPY 11.74 a year ago.
The company provided earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of JPY 173,000 million, operating income of JPY 5,650 million, ordinary income of JPY 6,000 million, net income attributable to owners of parent of JPY 3,450 million and net income per share of JPY 145.14.
The company announced dividend for the second quarter of fiscal 2018. For the quarter, the company announced dividend of JPY 25 per share compared to JPY 18 per share paid a year ago. Scheduled date for start of dividend payment on December 8, 2017.
The company also provided dividend guidance for the year end of fiscal 2018. For the year end, the company expects to pay dividend of JPY 26 per share compared to JPY 40 per share paid a year ago.
YOROZU CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive mechanical parts, body parts and engine parts, and molds and equipment, as well as the development of business activities related to logistics, research and services related to each business. The Company operates through three regional segments including Japan, the Americas and Asia. The Company is involved in the manufacture and sale of automotive components, dies and facilities. The Company is also involved in the order receipt business, the development of parts, as well as the manpower dispatching and insurance agency business.
Yorozu Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter of Fiscal 2018, Payable on December 8, 2017; Provides Dividend Guidance for the Year End of Fiscal 2018
YOROZU CORPORATION 
