Sankyo Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
August 04, 2016 at 02:04 am
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Sankyo Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥9,371 million against ¥35,947 million a year ago. Operating loss was ¥2,662 million against operating income of ¥5,770 million a year ago. Recurring loss was ¥2,494 million against recurring income of ¥6,202 million a year ago. Loss before income taxes and minority interests was ¥2,510 million against income before income taxes and minority interests of ¥6,195 million a year ago. Loss attributable to owners of parent was ¥1,910 million or ¥23.58 per share against profit attributable to owners of parent of ¥4,282 million or ¥50.05 diluted per share a year ago.
The company provided earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales of ¥135,000 million, operating income of ¥16,000 million, recurring income of ¥16,800 million and profit attributable to owners of parent of ¥11,100 million or ¥137.00 per share.
Sankyo Co Ltd is a Japan-based company mainly engaged in the pachinko machine related business, pachislot machine related business, and replenishment equipment related business. The Company operates through three business segments. The Pachinko Machine-related Business segment is engaged in the manufacture and sale of pachinko machines and gauge boards for pachinko machines, the sale of related parts, and acquisition of royalties income related to pachinko machines. The Pachislot Machine-related Business segment is engaged in the manufacture and sale of pachislot machines, the sale of related parts, and acquisition of royalties income related to pachislot machines. The Supply Equipment-related Business segment is engaged in the sale of pachinko/pachislot supply equipment, card system equipment, hall equipment peripheral equipment. It also provides mobile content services, real estate rental, sales of general molded parts.
Sankyo Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017