Iriso Electronics Co. Ltd. Reports Consolidated Financial Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Six Months Ending Sep. 30, 2014 and for the Year Ending Mar. 31, 2015; Provides Dividend Guidance for the Year Ending Mar. 31, 2015
August 05, 2014
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Iriso Electronics Co. Ltd. reported consolidated financial results for the first quarter ended June 30, 2014. For the quarter, the company reported operating income of ¥1,664 million, income before income taxes and minority interests of ¥1,557 million and net income of ¥1,159 million or ¥101.31 per basic share on net sales of ¥8,987 million against operating income of ¥1,155 million, income before income taxes and minority interests of ¥1,456 million and net income of ¥1,071 million or ¥93.59 per basic share on net sales of ¥7,386 million for the same quarter of last year.
For the six months ending Sep. 30, 2014, the company expects operating income of ¥2,800 million and net income of ¥2,100 million or ¥183.47 per share on net sales of ¥17,000 million.
For the year ending Mar. 31, 2015, the company expects operating income of ¥6,230 million and net income of ¥4,500 million or ¥393.16 per share on net sales of ¥35,000 million.
For the year ending Mar. 31, 2015, the company expects to pay an year end dividend of ¥40 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 Financial Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Six Months Ending Sep. 30, 2014 and for the Year Ending Mar. 31, 2015; Provides Dividend Guidance for the Year Ending Mar. 31, 2015