Futaba Industrial Co., Ltd. Reports Earnings Results for the Six Months Ended September 30, 2013; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2014
November 21, 2013 at 11:44 pm
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Futaba Industrial Co., Ltd. reported earnings results for the six months ended September 30, 2013. For the period, the company reported net loss was JPY 635 million, or JPY 9.09 loss per basic share, compared to a net loss of JPY 1.74 billion, or JPY 24.95 loss per basic share, for the same period ended September 30, 2012. Net sales were JPY 193.83 billion, compared to JPY 189.70 billion for the same period ended September 30, 2012. Operating income was JPY 470 million, compared to JPY 500 million for the same period ended September 30, 2012.
The company expects net income to be JPY 100 million, or JPY 1.43 per share, and operating income to be JPY 1.5 billion for the fiscal year ending March 31, 2014. The company expects net sales to be JPY 385 billion for the fiscal year ending March 31, 2014.
FUTABA INDUSTRIAL CO., LTD. is a Japan-based company, primarily engaged in the manufacture and sale of automobile assembly parts, information environment equipment parts, as well as jigs and welding machines. The Company operates in four segments. The Japan segment is engaged in the manufacture and sale of automobile parts, information environment equipment parts, as well as jigs and welding machines. The North America segment is engaged in the manufacture and sale of automobile parts. The Europe segment is engaged in the manufacture and sale of automobile parts. The Asia segment is engaged in the manufacture and sale of automobile parts and information environment equipment parts.
Futaba Industrial Co., Ltd. Reports Earnings Results for the Six Months Ended September 30, 2013; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2014
FUTABA INDUSTRIAL CO., LTD. 
