Maruwa Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
January 30, 2018 at 04:30 am
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Maruwa Co., Ltd. announced the consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 28,005 million as compared to JPY 23,334 million for the same period last year. Operating profit was JPY 6,629 million as compared to JPY 3,593 million for the same period last year. Profit attributable to owners of parent was JPY 4,396 million as compared to JPY 2,215 million for the same period last year. Ordinary profit was JPY 6,599 million as compared to JPY 3,611 million for the same period last year. Net earnings per share was JPY 355.63 per share as compared to JPY 179.34 per share for the same period last year. Profit before income taxes were JPY 6,474,575,000 compared to JPY 3,295,429,000 for the same period a year ago.
The company provided earnings guidance for the year ending March 31, 2018. For the period, the company expects net sales to be of JPY 38,000 million. Operating Profit expected to be JPY 8,900 million. Net Profit attributable to owners of parent expected to be of JPY 5,700 million. Earnings per share expected to be of JPY 461.06 per share. Ordinary profit expected to be of JPY 8,900 million.
MARUWA Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of ceramic components, including electronic components, and lighting equipment. The Company operates through two segments. The Ceramic Components segment manufactures and sells electronic components, ceramic substrates, and products related to semiconductor manufacturing equipment. The Lighting Equipment segment is involved in the production and sale of the lighting equipment that uses light emitting diode (LED) in addition to conventional lighting equipment. The Company is also involved in the business of supporting foundation activities.
Maruwa Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018