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6493 Nittan News Story

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Table: Nittan Valve -2016/17 group results

May 12 (Reuters)-  
          Nittan Valve Co Ltd  
          CONSOLIDATED FINANCIAL HIGHLIGHTS  
     (in billions of yen unless specified) 
                 Year ended      Year ended       Year to       NEXT    
              Mar 31, 2017    Mar 31, 2016   Mar 31, 2018     YEAR      
                 LATEST         YEAR-AGO        COMPANY      COMPANY    
                 RESULTS         RESULTS       FORECAST    H1 FORECAST  
  Sales           43.18           42.49          42.40        20.10     
               (+1.6 pct)      (-1.4 pct)     (-1.8 pct)    (+1.4 pct)  
  Operating        3.48            3.12           2.85         1.20     
               (+11.6 pct)     (+17.8 pct)    (-18.2 pct)  (-26.0 pct)  
  Recurring        3.62            3.14           3.20         1.45     
               (+15.4 pct)     (-3.0 pct)     (-11.6 pct)   (-8.9 pct)  
  Net 
  Net              1.41          810 mln          1.35       500 mln    
               (+74.3 pct)     (+18.9 pct)    (-4.5 pct)   (-28.2 pct)  
  EPS           48.92 yen       28.06 yen      46.74 yen    17.31 yen   
  Ann Div       12.00 yen       10.00 yen      12.00 yen                
  -Q2 Div       6.00 yen        5.00 yen       6.00 yen                 
  -Q4 Div       6.00 yen        5.00 yen       6.00 yen                 
   
  NOTE - Nittan Valve Co Ltd. 
  *Second Net profit row denotes profit attributable to owners ofthe parent  
  To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=6493.T 
  ((Tokyo Headline News Desk +813 6441 1812))

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