Furuya Metal Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2018; Provides Earnings Guidance for the Year Ending June 30, 2018; Provides Dividend Guidance for the Year Ending June 30, 2018
May 08, 2018
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Furuya Metal Co., Ltd. reported consolidated earnings results for the nine months ended March 31, 2018. For the period, the company's net sales were JPY 16,287 million. Operating income was JPY 2,532 million. Ordinary income was JPY 2,535 million. Net income attributable to owners of parent was JPY 1,763 million or JPY 244.62 per diluted share. Income before income taxes was JPY 2,535 million.
For the year ending June 30, 2018, the company expects net sales of JPY 21,111 million, operating income of JPY 2,861 million, ordinary income of JPY 2,883 million and net income attributable to owners of parent of JPY 1,936 million or JPY 269.60 per share.
For the year ending June 30, 2018, the company expects to pay year-end dividend of JPY 70.00 per share compared to JPY 50.00 per share for the same period last year.
FURUYA METAL CO.,LTD is a Japan-based company engaged in manufacturing and sales of industrial precious metal products. The Company operates in four business segments. The Electronic segment is engaged in manufacturing and sales of electronic components used in electronic products. The Thin Film segment is engaged in manufacturing and sales of precious metal targets used for thin film. The Sensor Segment is engaged in manufacturing and sales of temperature sensor used for semiconductor equipment. The Other business segment is engaged in manufacturing and sales of precious metal compound, as well as collection and purification of precious metal.
Furuya Metal Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2018; Provides Earnings Guidance for the Year Ending June 30, 2018; Provides Dividend Guidance for the Year Ending June 30, 2018