Sanno Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended October 2014; Provides Earnings Guidance for the Six Months Ending January 2015 and Fiscal Year Ending July 2015
December 10, 2014 at 10:30 am
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Sanno Co.,Ltd. announced consolidated earnings results for the first quarter ended October 2014. For the period, the company reported net sales of JPY 1,896 million against JPY 1,844 million a year ago. Operating loss was JPY 16 million against operating income of JPY 52 million a year ago. Net loss was JPY 24 million or JPY 5.30 per share against net income of JPY 36 million or 7.96 per share a year ago.
The company provided earnings guidance for the six months ending January 2015 and fiscal year ending July 2015. For the six months ending January 2015, net sales of JPY 3,600 million, operating loss of JPY 30 million and net loss of JPY 50 million or JPY 10.83 per share.
For the fiscal year ending January 2015, net sales of JPY 7,500 million, operating income of JPY 85 million and net loss of JPY 50 million or JPY 10.83 per share.
SANNO CO., LTD. is a Japan-based company engaged in precision press processing and mold manufacture for connectors, switches and other electronic components, as well as the precious metal surface treatment business. The Company operates in two businesses. The precision press processing business is engaged in the design and manufacture of molds, the press processing of press materials, as well as the manufacture of molded hoops. The surface treatment processing segment is engaged in the high-speed gold coating process, palladium nickel alloy coating process and continuous gold coating process for molding press products, such as connectors, switches and integrated circuit (IC) sockets.
Sanno Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended October 2014; Provides Earnings Guidance for the Six Months Ending January 2015 and Fiscal Year Ending July 2015
SANNO CO., LTD. 
