Mitani Sangyo Co., Ltd. Announces Consolidated Earnings Results for the Fiscal Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
January 28, 2019 at 01:30 am
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Mitani Sangyo Co., Ltd. announced consolidated earnings results for the fiscal nine months ended December 31, 2018. For the period, the company reported net sales were JPY 60,491 million as compared to JPY 58,799 million for the same period last year. Operating profit was JPY 962 million as compared to JPY 1,245 million for the same period last year. Ordinary profit was JPY 1,467 million against JPY 1,695 million a year ago. Profit attributable to owners of parent was JPY 761 million as compared to JPY 1,146 million for the same period last year. Earnings per share were JPY 12.67 as compared to JPY 20.12 for the same period last year.
The company provided earnings guidance for the fiscal year ending March 31, 2019. For the year ending March 31, 2019, the company expects net sales to be JPY 83,000 million, operating profit to be JPY 2,350 million, ordinary profit to be JPY 2,750 million and profit attributable to owners of parent to be JPY 1,640 million or JPY 28.78.
MITANI SANGYO CO.,LTD. is a Japan-based company mainly engaged in the chemical-related business and others. The Company operates through six business segments. The Chemical segment provides hydrochloric, caustic soda, and other inorganic and organic chemicals, among others. The Air Conditioning Equipment segment offers air conditioning, plumbing sanitary and fire-fighting equipment, and others. The Information System segment provides system integration service, package software development, information infrastructure construction and other services. The Energy segment provides petroleum products, liquefied petroleum gas (LPG), fuel batteries for home use, solar power and wind power systems. The Resin and Electronics segment offers molds, synthetic resins and electronic components. The Building Equipment and Machinery segment provides housing facilities and system kitchen, and installment service. The Company is also involved in the building maintenance and management and others.
Mitani Sangyo Co., Ltd. Announces Consolidated Earnings Results for the Fiscal Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019