Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2015; Provides Dividend Guidance for the Year Ending March 31, 2015
November 04, 2014
Share
Iriso Electronics Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2014. Net sales were ¥18,144 million against ¥15,480 million last year. Operating income was ¥3,415 million against ¥2,512 million last year. Ordinary income was ¥3,433 million against ¥2,860 million last year. Net income was ¥2,585 million against ¥2,082 million last year. Net income per share was ¥225.89 against ¥181.93 last year. Income before income taxes and minority interests was ¥3,352 million against ¥2,786 million last year. Income before minority interests was ¥2,635 million against ¥2,072 million last year. Net cash provided by operating activities was ¥3,598 million against ¥2,203 million last year. Purchase of property, plant and equipment was ¥1,707 million against ¥1,125 million last year. Purchase of intangible assets was ¥31 million against ¥14 million last year.
For the year end, the company expects dividend of ¥40.00 per share against ¥40.00 per share last year. Total dividend for the year ending March 31, 2015 is expected to be ¥40.00 per share against ¥40.00 per share last year.
For the year ending March 31, 2015, on consolidated basis, the company expects net sales of ¥36,000 million, operating income of ¥6,700 million, ordinary income of ¥6,700 million, net income of ¥4,800 million or ¥419.37 per share.
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. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2015; Provides Dividend Guidance for the Year Ending March 31, 2015