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2218 Nichiryo Baking Co News Story

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Consumer DefensivesConservativeMicro CapNeutral

Table: Nichiryo -2016/17 parent results

May 12 (Reuters)-  
          Nichiryo Baking Co Ltd  
          PARENT-ONLY 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           17.64           17.79          18.00         9.00     
               (-0.8 pct)      (+1.2 pct)     (+2.0 pct)    (+2.2 pct)  
  Operating      385 mln         417 mln        400 mln      230 mln    
               (-7.7 pct)      (+8.5 pct)     (+3.8 pct)    (+7.4 pct)  
  Recurring      399 mln         418 mln        400 mln      230 mln    
               (-4.5 pct)      (+6.3 pct)     (+0.1 pct)    (+1.8 pct)  
  Net            242 mln         280 mln        180 mln      100 mln    
               (-13.5 pct)     (+43.1 pct)    (-25.7 pct)  (-30.0 pct)  
  EPS           11.57 yen       13.38 yen      8.59 yen      4.77 yen   
  Ann Div       2.00 yen           NIL         1.50 yen                 
  -Q4 Div       2.00 yen           NIL         1.50 yen                 
   
  NOTE - Nichiryo Baking Co Ltd.  
  To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=2218.SP  
  ((Tokyo Headline News Desk +813 6441 1812))

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