Fukushima Industries Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half and Year Ending March 31, 2020
May 13, 2019
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Fukushima Industries Corp. announced consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis the company's reported Net Sales were JPY 86,529 million compared to JPY 86,223 million for the same period a year ago. Operating profit was JPY 9,405 million compared to JPY 8,654 million for the same period a year ago. Profit attributable to owners of parent was JPY 6,615 million compared to JPY 5,683 million for the same period a year ago. Basic earnings per share was JPY 330.19 compared to JPY 283.64 for the same period a year ago.
For the year, on non-consolidated basis the company's reported Net Sales were JPY 65,579 million compared to JPY 66,283 million for the same period a year ago. Operating profit was JPY 6,973 million compared to JPY 6,012 million for the same period a year ago. Profit was JPY 5,384 million compared to JPY 4,208 million for the same period a year ago. Basic earnings per share was JPY 268.76 compared to JPY 210.03 for the same period a year ago.
For the first half, the company expects net sales to be JPY 42,663 million, Operating profit JPY 4,556 million, Profit attributable to owners of parent to be JPY 3,063 million and basic earnings per share to be JPY 152.90.
For the first year, the company expects net sales to be JPY 89,125 million, Operating profit JPY 9,325 million, Profit attributable to owners of parent to be JPY 6,371 million and basic earnings per share to be JPY 317.99.
FUKUSHIMA GALILEI CO. LTD., formerly FUKUSHIMA INDUSTRIES CORP., is principally engaged in the manufacture, sale and installation of commercial freezer refrigerators. The Company is mainly engaged in the manufacture and sale of freezer refrigerators, freezer and refrigerated showcases, large food processing machines, large and small refrigerated panel equipment, as well as service maintenance business. The Company mainly provides freezer refrigerators, freezer refrigerated showcases, large-scale food processing machines, large-scale panel refrigeration equipment, small-scale panel refrigeration equipment, among others.
Fukushima Industries Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half and Year Ending March 31, 2020