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Showa Shinku Co Ltd (6384.T)

6384.T on Tokyo Stock Exchange

22 Sep 2017
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¥-9 (-0.44%)
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Latest Key Developments (Source: Significant Developments)

SHOWA SHINKU raises consolidated full-year outlook and year-end dividend forecast for FY 2016
Tuesday, 10 Nov 2015 02:00am EST 

SHOWA SHINKU CO LTD:Says the company increased the consolidated full-year outlook for revenue to 10,000 million yen from 9,567 million yen for FY ending March 2016.Operating profit forecast increased to 1,030 million yen from 482 million yen.Ordinary profit forecast increased to 1,000 million yen from 469 million yen.Net profit forecast increased to 970 million yen from 438 million yen.Earnings per share increased to 157.50 yen from 71.26 yen.Comments the sales increase and improved profitability are the main reasons for the forecast.Raised year-end dividend forecast to 40 yen per share from 10 yen per share for FY ending March 2016.  Full Article