zeon corp (NIZNF) Snapshot

ZEON Corporation reported consolidated and non consolidated earnings results for the year ended March 31, 2013. For the period, the company reported consolidated net sales of JPY 250,763 million compared to JPY 262,842 million a year ago. Operating income was JPY 23,696 million compared to JPY 32,123 million a year ago. Ordinary income was JPY 25,212 million compared to JPY 31,487 million a year ago. Net income was JPY 14,750 million or JPY 63.70 per diluted share compared to JPY 19,127 million or JPY 82.63 per diluted share a year ago. Return on equity was 10.1% compared to 15.5% a year ago. Cash flows from operating activities were JPY 33,061 million compared to JPY 32,009 million a year ago. Income before income taxes and minority interests was JPY 23,423 million compared to JPY 31,404 million a year ago. Income before minority interests in net income of consolidated subsidiaries was JPY 15,166 million compared to JPY 19,815 million a year ago. Purchase of property, plant and equipment was JPY 20,186 million compared to JPY 20,435 million a year ago. Purchase of intangible assets was JPY 747 million compared to JPY 988 million a year ago. For the period, the company reported non consolidated net sales of JPY 180,868 million compared to JPY 187,119 million a year ago. Operating income was JPY 17,615 million compared to JPY 24,245 million a year ago. Ordinary income was JPY 19,232 million compared to JPY 24,289 million a year ago. Net income was JPY 11,552 million or JPY 49.89 per diluted share compared to JPY 14,405 million or JPY 62.23 per diluted share a year ago. The company announced year-end dividend of JPY 6 per share payable from June 28, 2013. The company forecasts interim dividend of JPY 7 per share for the fiscal year 2014. The company forecasts year-end dividend of JPY 6 per share for the fiscal year 2014 For the six months ending September 30, 2013, the company expects consolidated net sales of JPY 142,000 million, operating income of JPY 13,000 million, ordinary income of JPY 13,000 million, net income of JPY 8,000 million or JPY 34.61 per share. For the year ending March 31, 2014, the company expects consolidated net sales of JPY 290,000 million, operating income of JPY 27,000 million, ordinary income of JPY 27,000 million, net income of JPY 17,000 million or JPY 73.54 per basic share.

ZEON Corporation announced that they will report fiscal year 2013 results at 12:00 PM, Tokyo Standard Time on May 09, 2013

ZEON Corporation, 2013 Earnings Call, May 09, 2013