Star Micronics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018
January 10, 2018 at 01:00 am
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Star Micronics Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2017. For the period, net sales were JPY 43,412 million against JPY 35,134 million a year ago. Operating income was JPY 4,090 million against JPY 2,652 million a year ago. Ordinary income was JPY 4,687 million against JPY 2,464 million a year ago. Net income attributable to owners of parent was JPY 3,133 million against JPY 2,163 million a year ago. Diluted net income per share was JPY 73.93 against JPY 50.65 a year ago.
For the fiscal year ending February 28, 2018, on consolidated basis, the company expects net sales of JPY 59,500 million, operating income of JPY 5,900 million, ordinary income of JPY 6,500 million, net income attributable to owners of parent of JPY 4,600 million or JPY 123.92 per share.
STAR MICRONICS CO.,LTD. is a Japan-based company centered on manufacturing and assembly of small sized precision components and equipment. The Company operates in three segments. The Special Products segment is engaged in manufacturing and sales of small printers. The Machine Tools segment is engaged in manufacturing and sales of machine tools like computerized numerical control (CNC) automatic lathes. The Precision Products segment is engaged in manufacturing and sales of wristwatch components and various components used in automobiles, air conditioners, hard disk drives (HDD) and medical. The Company operates in Japan, the United States, China, Germany, etc.
Star Micronics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018