Japan Asia Group Limited - Consolidated Financial Results



Summary of Consolidated Financial Results for the Six Months Ended

September 30, 2016

(Based on Japanese GAAP)

 

Company name: JAPAN ASIA GROUP LIMITED                          

Stock exchange listing:       Tokyo

Stock code: 3751 URL: http://www.japanasiagroup.jp/

Representative: Tetsuo Yamashita          Chairman and CEO

Inquiries: Kazunobu Watanabe          Director         TEL: +81-3-4476-8000

Scheduled date to file Quarterly Securities Report: November 11, 2016

Scheduled date to commence dividend payments: –

Preparation of supplementary material on quarterly financial results: Yes

Holding of quarterly financial results meeting: Yes (for analysts)

(Amounts less than one million yen are rounded down)

 

1. Consolidated financial results for the six months ended September 30, 2016 (from April 1, 2016 to September 30, 2016)

(1) Consolidated operating results (cumulative)          Percentages indicate year-on-year changes

 

Six months ended September 30, 2016

Six months ended September 30, 2015

 

Net sales

Millions of yen %

 29,111

34,919

 

Operating income

Millions of yen         %

(750)               –

1,063              (17.7)

 

Ordinary income

Millions of yen         %

(1,379)                        –

254                  (50.4)

 

Profit attributable to owners of parent

Millions of yen         %

(1,737)                        –        

491                              –

                                                               Earnings per share           Diluted earnings per share

                                                                        Yen                             Yen

Six months ended September 30, 2016 (63.80)                       –

Six months ended September 30, 2015   17.90                           17.84

 

(2) Consolidated financial position

 

                                    Total assets                        Net assets                Equity ratio

                                    Millions of yen                     Millions of yen         %

As of September 30, 2016 112,852                       25,635                        21.4

As of March 31, 2016           121,563                       28,213                        21.9

 

2. Cash dividends

                                                Annual dividends per share

1st quarter-end 

           Yen     

Year ended March 31, 2016           –

Year ending March 31, 2017          –

Year ending March 31, 2017 (Forecast)  

                       

2nd quarter-end   

Yen

Year ended March 31, 2016           0.00   

Year ending March 31, 2017          0.00

Year ending March 31, 2017 (Forecast)               –

 

3rd quarter-end 

Yen

Year ended March 31, 2016           20.00            

Year ending March 31, 2017  

Year ending March 31, 2017 (Forecast)  

 

Fiscal year-end

 Yen

Year ended March 31,         10.00

Year ending March 31, 2017  

Year ending March 31, 2017 (Forecast)   10.00  

 

Total

Yen

Year ended March 31, 2016           30.00

Year ending March 31, 2017  

Year ending March 31, 2017 (Forecast)   10.00