Shinmaywa Industries, Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
October 30, 2017
Share
ShinMaywa Industries, Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 95,981 million against JPY 92,415 million a year ago. Operating income was JPY 5,570 million against JPY 4,903 million a year ago. Ordinary income was JPY 5,702 million against JPY 4,675 million a year ago. Profit attributable to owners of parent was JPY 3,741 million against JPY 2,941 million a year ago. Net income per share was JPY 39.19 against JPY 30.43 a year ago. Profit before income taxes was JPY 5,642 million against JPY 4,620 million a year ago.
For the year ending March 31, 2018, the company expects net sales of JPY 200,000 million, operating income of JPY 12,000 million, ordinary income of JPY 12,300 million and profit attributable to owners of parent of JPY 8,000 million or JPY 83.80 per share.
ShinMaywa Industries, Ltd. is mainly engaged in the aircraft business, the special vehicle business and other businesses. The Company operates in four segments. The Aircraft segment provides aircrafts, including rescue flying-boats and training support aircrafts, and aircraft parts. The Special Vehicle segment provides dump trucks, tail gate lifters, desorption body trucks, garbage cars and other special vehicles, as well as related parts. The Industrial Equipment and Environment System segment provides submersible pumps, water processing-related facilities and equipment, automatic electric cable processors, film formation equipment, direct drive motors, refuse transfer stations and others. The Parking System segment provides mechanical parking systems and boarding bridges for passenger aircrafts. The Company also involves in the construction of waste disposal facilities, the real estate and software development businesses.
Shinmaywa Industries, Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
SHINMAYWA INDUSTRIES, LTD. 