Hosokawa Micron Corporation Reports Unaudited Consolidated Earning Results for the Nine Months Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending September 30, 2016
August 11, 2016 at 07:20 am
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Hosokawa Micron Corporation reported unaudited consolidated earning results for the nine months ended June 30, 2016. For the quarter, the company's net sales were ¥31,856 million compared with ¥32,069 million a year ago. Operating profit was ¥2,085 million compared with ¥887 million a year ago. Net income was ¥1,431 million or ¥34.09 per basic share compared with net profit of ¥541 million or ¥12.90 per diluted share a year ago. Income before income taxes was ¥684 million compared with ¥4 million a year ago.
For the year ending September 30, 2016, the company forecasts net sales of ¥45,500 million, operating income of ¥3,100 million, ordinary income of ¥3,100 million, net income of ¥2,100 million or ¥50.17 per basic share.
HOSOKAWA MICRON CORPORATION is a Japan-based company mainly engaged in the powder related business and the plastic thin film related business. The Company operates through two business segments. The Powder-related segment provides crushing and classification equipment, mixing and drying equipment, particle design and granulation equipment, measuring equipment and lab equipment, dust collection equipment, containment equipment, powder processing contracts and functional composite materials. The Plastic Thin Film related segment is engaged in the development, manufacture and sale of various types of plastic multilayer high-performance film thin film production equipment. The main products are fine pulverizers, ultra-fine pulverizers, classifiers, mixers, dryers, nano composite particle manufacturing equipment, granulators, measuring machines, dust collectors, safety booths and isolators.
Hosokawa Micron Corporation Reports Unaudited Consolidated Earning Results for the Nine Months Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending September 30, 2016
HOSOKAWA MICRON CORPORATION 
