Iriso Electronics Co. Ltd. Reports Consolidated Financial Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Six Months Ending Sep. 30, 2015 and Year Ending Mar. 31, 2016
July 30, 2015
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Iriso Electronics Co. Ltd. reported consolidated financial results for the first quarter ended June 30, 2015. For the quarter, the company reported operating income of ¥1,460 million, income before income taxes and minority interests of ¥1,582 million and profit attributable to owner of parent of ¥1,188 million or ¥103.81 per basic share on net sales of ¥9,701 million against operating income of ¥1,664 million, income before income taxes and minority interests of ¥1,557 million and profit attributable to owner of parent of ¥1,159 million or ¥101.31 per basic share on net sales of ¥8,987 million for the same quarter of last year. Ordinary income was ¥1,596 million compare to ¥1,561 million a year ago.
For the six months ending Sep. 30, 2015, the company expects operating income of ¥3,500 million, ordinary income of ¥3,500 million and profit attributable to owner of parent of ¥2,600 million or ¥227.16 per share on net sales of ¥19,000 million.
For the year ending Mar. 31, 2016, the company expects operating income of ¥7,200 million, ordinary income of ¥7,200 million and profit attributable to owner of parent of ¥5,200 million or ¥454.32 per share on net sales of ¥39,000 million.
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 Financial Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Six Months Ending Sep. 30, 2015 and Year Ending Mar. 31, 2016