Lihit Lab., Inc. Declares Dividend for the Year Ended February 2015; Provides Dividend Guidance for the Year Ending February 2016; Announces Consolidated Earnings Results for the First Quarter Ended May 31, 2015; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2016
July 10, 2015 at 11:00 am EDT
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Lihit Lab., Inc. declared dividend of ¥5.00 per share for the year ended February 2015.
The company expects to pay dividend of ¥5.00 per share for the year ending February 2016.
The company announced consolidated earnings results for the first quarter ended May 2015. For the quarter, the company's net sales were ¥2,789 million compared with ¥2,775 million a year ago. Operating income was ¥67 million compared with ¥173 million a year ago. Ordinary income was ¥112 million compared with ¥189 million a year ago. Net income was ¥80 million or ¥4.71 per share compared with ¥110 million or ¥6.49 per share a year ago.
For the full year ending February 2016, the company forecasts net sales of ¥9,400 million, operating income of ¥140 million, ordinary income of ¥160 million, net income of ¥100 million or ¥5.89 per share.
For the first half ending August 2015, the company forecasts net sales of ¥4,950 million, operating income of ¥120 million, ordinary income of ¥130 million, net income of ¥80 million or ¥4.71 per share.
LIHIT LAB., INC. is a Japan-based company mainly engaged in the manufacture and sale of office supplies, and the real estate business. The Company operates through two business segments. The Office Supplies segment is engaged in the manufacture and sale of various files, binders, clear books, cases, bags, storage and organization supplies, office equipment, medical supplies, original products and others. The Real Estate segment is involved in the leasing of owned real estate.
Lihit Lab., Inc. Declares Dividend for the Year Ended February 2015; Provides Dividend Guidance for the Year Ending February 2016; Announces Consolidated Earnings Results for the First Quarter Ended May 31, 2015; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2016
LIHIT LAB.,INC. 
