Shibaura Electronics Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2018
August 06, 2017
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Shibaura Electronics Co. Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥6,010 million against ¥5,376 million a year ago. Operating income was ¥683 million against ¥406 million a year ago. Ordinary income was ¥712 million against ¥359 million a year ago. Net income attributable to owners of parent was ¥484 million or ¥62.83 basic per share against ¥230 million or ¥29.60 basic per share a year ago.
The company provided consolidated earnings guidance for the first half and full year ending March 31, 2018. For the first half, the company expects net sales of ¥12,000 million, operating income of ¥1,250 million, ordinary income of ¥1,250 million and net income attributable to owners of parent of ¥920 million or ¥119.39 basic per share.
For the full year, the company expects net sales of ¥24,500 million, operating income of ¥2,650 million, ordinary income of ¥2,650 million and net income attributable to owners of parent of ¥1,960 million or ¥254.36 basic per share.
SHIBAURA ELECTRONICS CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of semiconductor components and various products, such as temperature sensors, humidity sensors, hygrometers, temperature controllers, temperature recorders, anemometers, humidity measurement devices. The Company operates in four regional segments including Japan, Asia, Europe and the United States. The Company is mainly engaged in the procurement and supply of materials, the research, development and manufacture of prototype advanced applied products, as well as the manufacture and sale of thermistor temperature and humidity sensors, thermistor elements, measurement control equipment.
Shibaura Electronics Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2018