Anritsu Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2013; Provides Earnings Guidance for Fiscal Year Ending March 31, 2014; Announces Executive Changes, Effective June 26, 2013; Announces Year End Dividend; Provides Interim and Year End Dividend Guidance for the Year Ending March 31, 2014; Announces Expansion Plans
April 24, 2013
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Anritsu Corp. announced consolidated and non-consolidated earnings results for the year ended March 31, 2013. On consolidated basis, for the year, the company reported revenue of JPY 94,685 million against JPY 93,622 million a year ago. Operating profit was JPY 15,800 million against JPY 14,000 million a year ago. Profit before tax was JPY 16,225 million against JPY 13,094 million a year ago. Profit attributable to owners of parent was JPY 13,950 million or JPY 97.41 per diluted share against JPY 7,972 million or JPY 56.33 per diluted share a year ago. Net cash flows from operating activities were JPY 11,771 million against JPY 16,143 million a year ago. Purchase of property, plant and equipment was JPY 4,478 million against JPY 2,393 million a year ago.
On non-consolidated basis, for the year, the company reported net sales of JPY 52,397 million against JPY 52,549 million a year ago. Operating income was JPY 8,853 million against JPY 9,301 million a year ago. Income before income taxes was JPY 8,930 million against JPY 2,054 million a year ago. Net income was JPY 8,066 million against JPY 2,027 million a year ago. Net cash flows from operating activities were JPY 11,771 million against JPY 16,143 million a year ago. Purchase of property, plant and equipment was JPY 4,478 million against JPY 2,393 million a year ago.
The company provided earnings guidance for fiscal year ending March 31, 2014. For 2014, the company forecasts revenue of JPY 102,000 million, operating profit of JPY 17,000 million, profit before tax of JPY 16,500 million, profit of JPY 11,500 million, and profit attributable to owners of parent of JPY 11,500 million.
The company announced the appointments of Akifumi Kubota, Vice President (Executive Officer), Chief Financial Officer, Senior Manager of Accounting and Control Dept as director and Tomoyuki Kikugawa, Vice President (Executive Officer) as full-time audit & supervisory board member, effective June 26, 2013. The company also announced the retirement of Junkichi Shirono as director and Kohei Ono as full-time audit & supervisory board member, effective June 26, 2013.
For the year, the company announced year end dividend of JPY 12.50 per share compared to JPY 10.00 per share reported last year.
For the fiscal 2014, the company forecasted interim dividend of JPY 10.00 per share at the end of the second quarter of fiscal 2013 compared to JPY 5.00 per share reported last year.
For the fiscal 2014, the company forecasted year end dividend of JPY 10.00 per share at the end of the second quarter of fiscal 2013 compared to JPY 12.50 per share reported last year.
The company will work to further expand business by providing competitive products such as measuring equipment for manufacturing.
ANRITSU CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of measurement equipment. The Company operates in two business segments. The Measurement Equipment segment is engaged in the provision of measurement equipment for digital communications and Internet protocol (IP) networks, optical communications and mobile communications, general-purpose measurement equipment for radio frequency (RF), microwave bands and millimeter wavebands, as well as service assurance. The Products, Quality and Assurance (PQA) segment is engaged in the provision of automated weight sorters, automated electronic measurement equipment, foreign substance detectors, as well as integrated quality management and control systems. The Company is also engaged in the provision of information communication, related devices, logistics and welfare services, the leasing of real estate, the manufacture of components, as well as the human resources (HR) and accounting related clerical business.
Anritsu Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2013; Provides Earnings Guidance for Fiscal Year Ending March 31, 2014; Announces Executive Changes, Effective June 26, 2013; Announces Year End Dividend; Provides Interim and Year End Dividend Guidance for the Year Ending March 31, 2014; Announces Expansion Plans