ARGO GRAPHICS Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Results Guidance for the Year Ending March 31, 2019; Provides Dividend Guidance for the Second Quarter and Year Ended March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 22, 2018
May 10, 2018
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ARGO GRAPHICS Inc. announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 40,176 million as compared to JPY 34,847 million a year ago. Operating profit was JPY 3,752 million as compared to JPY 3,110 million a year ago. Ordinary profit was JPY 4,037 million as compared to JPY 3,381 million a year ago. Profit attributable to owners of parent was JPY 2,582 million as compared to JPY 2,110 million a year ago. Earnings per share were JPY 241.93 as compared to JPY 197.81 a year ago. Profit before income taxes was JPY 4,027,682,000 as compared to JPY 3,389,357,000 a year ago. Net cash provided by operating activities was JPY 1,606 million as compared to JPY 2,556 million a year ago. Purchase of property, plant and equipment was JPY 97,886,000 as compared to JPY 59,260,000 a year ago. Purchase of intangible assets was JPY 12,032,000 as compared to JPY 48,559,000 a year ago.
The company provided consolidated earnings results guidance for the year ending March 31, 2019. For the year, the company expects net sales of JPY 41,600 million, operating profit of JPY 3,950 million, ordinary profit of JPY 4,180 million, profit attributable to owners of parent of JPY 2,700 million and Earnings per share of JPY 252.89.
The company announced a dividend of JPY 40.00 per share for the year ended March 31, 2018 against JPY 36.00 per share paid a year ago. Scheduled date to commence dividend payment is June 22, 2018.
The company provided dividend guidance for the second quarter and year ended March 31, 2019. For the quarter of fiscal year 2019, the company expects to pay a dividend of JPY 40.00 per share against JPY 33.00 per share paid a year ago.
For the year ending March 31, 2019, the company expects to pay a dividend of JPY 40.00 per share.
ARGO GRAPHICS Inc. is a Japan-based company engaged in the product lifecycle management (PLM) business and electronic design automation (EDA) business. The PLM segment consists of PLM solution business, system building support business and hardware maintenance and other business. The PLM solution business is engaged in the provision of PLM solutions, which target at the productivity improvement in manufacturing processes. The system building support business provides system building support services for the servers and personal computer (PC) clusters of manufacturers. The hardware maintenance (HM) and other business maintains the machines provided by the PLM solution and the system building support businesses. The EDA segment sells computer aided design (CAD) systems for electronic components and micro fabrication, including large scale integrated circuits, liquid crystal displays and other flat panel displays (FPD), magnetic head and micro machine.
ARGO GRAPHICS Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Results Guidance for the Year Ending March 31, 2019; Provides Dividend Guidance for the Second Quarter and Year Ended March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 22, 2018
ARGO GRAPHICS INC. 
