Bandai Co., Japan’s largest toy maker, said Thursday its group net profit skyrocketed 906.7 percent in fiscal 2000 to 12.9 billion yen on strong sales of its character goods and one-off gains from the sale of some of its shareholdings in affiliates.
Group net profit per share leaped to 265.47 yen, up from 27.23 yen the previous year.
Group pretax profit soared 108.2 percent to 16.35 billion yen on a 4 percent gain in sales to 217.01 billion yen.
The company plans to pay a yearend dividend of 15 yen per share, bringing its dividend for the just-ended year to 30 yen as it paid an interim dividend of 15 yen per share.
For the current business year to March 2002, Bandai expects a group net profit of 9 billion yen and a group pretax profit of 17 billion yen on sales of 220 billion yen.
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