Iriso Electronics Co. Ltd. Announces Consolidated Financial Results for the First Quarter Ended June 30, 2016; Provides Financial and Dividend Guidance for the Six Months Ending September 30, 2016 and for the Year Ending Mar. 31, 2017
August 01, 2016
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Iriso Electronics Co. Ltd. announced consolidated financial results for the first quarter ended June 30, 2016. For the quarter, the company reported operating income of ¥1,368 million and profit attributable to owners of parent of ¥852 million or ¥73.77 per share on net sales of ¥9,086 million against operating income of ¥1,460 million and profit attributable to owners of parent of ¥1,188 million or ¥103.81 per share on net sales of ¥9,701 million for the same period of last year. Profit before income taxes was ¥1,166 million against ¥1,582 million for the same period of last year.
For the six months ending September 30, 2016, the company expects, operating income of ¥3,400 million and profit attributable to owners of parent of ¥2,500 million or ¥218.42 per share on net sales of ¥18,800 million.
For the year ending Mar. 31, 2017, the company expects, operating income of ¥6,900 million and profit attributable to owners of parent of ¥5,100 million or ¥445.58 per share on net sales of ¥38,300 million.
For the year ending Mar. 31, 2017, the company expects to pay a dividend of ¥20 per share at the end of the second quarter and a dividend of ¥60 per share at the end of the year.
IRISO ELECTRONICS CO., LTD. is a Japan-based company that mainly manufactures and sells multiple-pole connectors. The Company is engaged in the development, manufacture and sale of board-to-board connectors for printed circuit board connection, flexible printed circuit (FPC) boards and flexible flat cable (FFC) cable connection for automotive equipment, digital equipment and industrial equipment, as well as other multi-pole connectors such as FPC and FFC connectors and interface connectors for signal connection between devices.
Iriso Electronics Co. Ltd. Announces Consolidated Financial Results for the First Quarter Ended June 30, 2016; Provides Financial and Dividend Guidance for the Six Months Ending September 30, 2016 and for the Year Ending Mar. 31, 2017