Piolax Inc. Announces Consolidated Financial Results for the Year Ended March 31, 2015; Declares Dividend for the Year Ended March 31, 2015, Payable on June 26, 2015; Provides Earnings and Dividend Guidance for the First Half of the Year Ending March 31, 2016 for the Year Ending March 31, 2016
May 11, 2015
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Piolax Inc. announced consolidated financial results for the year ended March 31, 2015. For the year, the company reported net sales of ¥59,507 million against ¥54,712 million a year ago. Operating income of ¥8,080 million against ¥7,566 million a year ago. Ordinary income was ¥9,209 million against ¥8,441 million a year ago. Net income was ¥6,300 million or ¥511.31 per share against ¥5,772 million or ¥460.06 per share a year ago. Net cash flows from operating activities was ¥7,746 million against ¥8,014 million a year ago. Net income before taxes and other adjustments was ¥9,209 million against ¥8,775 million a year ago.
The company declared a dividend of ¥32.50 per share for the year ended March 31, 2015, payable on June 26, 2015.
The company expects a dividend of ¥35.00 per share for the second quarter of year ending March 31, 2016.
The company expects a dividend of ¥35.00 per share for the year ending March 31, 2016.
The company expects consolidated net sales of ¥31,000 million, operating income of ¥3,900 million, ordinary income of ¥4,100 million and net income of ¥2,800 million or ¥134.54 per share for the first half of the year ending March 31, 2016.
The company expects consolidated net sales of ¥63,000 million, operating income of ¥8,300 million, ordinary income of ¥8,800 million and net income of ¥5,900 million or ¥494.20 per share for the year ending March 31, 2016.
PIOLAX, INC. is a Japan-based company principally engaged in the manufacture and sale of automotive related products. The Company operates in two business segments. Automotive Related Business segment is mainly involved in the manufacture and sale of precision springs, industrial fasteners, as well as small unit parts that combine resin and metal to the automobile industry. Medical Equipment Business segment is involved in the manufacture and sale of interventional radiology (IVR), endoscopic treatment, and orthopedic treatment equipment to medical institutions.
Piolax Inc. Announces Consolidated Financial Results for the Year Ended March 31, 2015; Declares Dividend for the Year Ended March 31, 2015, Payable on June 26, 2015; Provides Earnings and Dividend Guidance for the First Half of the Year Ending March 31, 2016 for the Year Ending March 31, 2016
PIOLAX, INC. 
