Nisshin Steel Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Fiscal Year Dividend for the Fiscal Year Ended March 31, 2017, Payable on June 6, 2017
operating activities was JPY 57,591 million. ROE was 0.8% against negative 2.8% a year ago. ROA was 0.8% against 0.8 a year ago.
For the period, on non-consolidated basis, the company reported net sales of JPY 397,764 million against JPY 418,393 million a year ago. Operating profit was JPY 1,706 million against JPY 5,373 million a year ago. Net profit was JPY 3,302 million or JPY 30.08 per share against JPY 5,886 million or JPY 53.62 per share a year ago.
The company announced a fiscal year dividend of ¥5 per share for the fiscal year ended March 31, 2017 against ¥25 per share paid a year ago. Scheduled date to commence dividend payments is June 6, 2017.