Nabtesco Corporation Provides Dividend Guidance for the Year Ending March 2015; Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2014; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2015
January 30, 2015 at 11:35 am
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Nabtesco Corporation provided dividend guidance for the year ending March 2015. For the year, the company expects dividend guidance of ¥20 per share and total annual dividend of ¥40.00 per share compared to ¥20 per share and total annual dividend of ¥38.00 per share a year ago.
The company announced consolidated earnings results for the third quarter ended December 31, 2014. For the quarter, the company reported net sales of ¥158,880 million against ¥141,806 million a year ago. Operating income was ¥17,329 million against ¥12,794 million a year ago. Ordinary income was ¥20,617 million against ¥16,098 million a year ago. Net income was ¥13,701 million against ¥9,860 million a year ago. Diluted net income per share was ¥108.14 against ¥77.57 a year ago.
The company provided earnings guidance for the fourth quarter ending March 31, 2015. For the year, the company expected net sales of ¥217,000 million, operating income of ¥23,000 million, ordinary income of ¥26,100 million, net income of ¥17,200 million or ¥135.92 per share.
Nabtesco Corporation is a Japan-based company engaged in the component solution business, transport solution business and accessibility solution business. The Company operates through three segments. The Component Solutions segment is engaged in the design, manufacture, sale, maintenance and repair of industrial robot parts and construction equipment. The Transport Solution segment is engaged in the design, manufacture, sale, maintenance and repair of railway vehicles brake and automatic door devices, aircraft parts, marine control devices and related parts. The Accessibility Solution segment is engaged in the design, manufacture, sale, installation, maintenance and repair of automatic door devices for buildings and general industries, platform safety equipment and related parts. The Company is also engaged in the design, manufacture, sale, maintenance and repair of packaging machines, machine tools, forging machines, and other general industrial machines.
Nabtesco Corporation Provides Dividend Guidance for the Year Ending March 2015; Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2014; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2015