OPTEX Company, Limited Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2014; Provides Year-End Dividend Guidance for the Year Ending Dec. 31, 2014; Provides Earnings Guidance for the Year Ending Dec. 31, 2014
November 05, 2014
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OPTEX Company, Limited reported consolidated earnings results for the nine months ended September 30, 2014. For the period, the company reported net sales of JPY 18,734 million compared to JPY 17,226 million a year ago. Operating income was JPY 2,077 million compared to JPY 1,715 million a year ago. Ordinary income was JPY 2,295 million compared to JPY 2,035 million a year ago. Net income was JPY 1,407 million or JPY 85.03 per basic share compared to JPY 1,253 million or JPY 75.76 per basic share a year ago. Income before income taxes and minority interests was JPY 2,278 million compared to JPY 2,047 million a year ago. Income before minority interests was JPY 1,464 million compared to JPY 1,350 million a year ago.
The company forecasts year-end dividend of JPY 15 per share for the year ending Dec. 31, 2014.
For the year ending Dec. 31, 2014, the company expects consolidated net sales of JPY 26,700 million, operating income of JPY 2,900 million, ordinary income of JPY 3,000 million and net income of JPY 1,850 million or JPY 111.78 per share.
OPTEX GROUP Company, Limited is a Japan-based company engaged in the development, design, manufacture and sale of various sensors, lightings and related systems. The Company operates through four segments. The Sensing Solution (SS) segment is engaged in the development, design, manufacture and sale of various sensors and related systems. Factory Automation (FA) segment is engaged in the development, design and sale of products for FA. The Machine Vision Lighting (MVL) segment is engaged in the development, manufacture and sale of the light-emitting diode (LED) lighting equipment and LED devices for image processing, LED lighting equipment for UV irradiators, and related control devices. Electronics Manufacturing Service (EMS) segment is engaged in contract manufacturing services of electronic equipment. It also operates sports club, and develops various systems, applications and digital content.
OPTEX Company, Limited Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2014; Provides Year-End Dividend Guidance for the Year Ending Dec. 31, 2014; Provides Earnings Guidance for the Year Ending Dec. 31, 2014