Yamazen Corporation Reports Consolidated Earnings Results for Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
February 07, 2018
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Yamazen Corporation reported consolidated earnings results for nine months ended December 31, 2017. For the period, the company's net sales were ¥367,031 million against ¥328,570 million a year ago. Operating profit was ¥10,649 million against ¥8,907 million a year ago. Ordinary profit was ¥10,455 million against ¥8,829 million a year ago. Profit attributable to owners of parent was ¥7,049 million against ¥5,765 million a year ago. Earnings per share were ¥74.44 against ¥61.47 a year ago. Profit before income tax was ¥10,458 million against ¥8,910 million a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥480,000 million, operating profit of ¥14,000 million, ordinary profit of ¥14,300 million and profit attributable to owners of parent of ¥9,300 million or ¥99.15 per share.
YAMAZEN CORPORATION is a Japan-based company engaged in the sale of production goods, home building materials and household equipment products. The Company operates in three business segments. The Production Goods segment provides the machinery business and kiko business. The machinery business is engaged in the sale, import and export of machine tools, forging and sheet metal machines, machine tool peripherals. The kiko business is engaged in the sale, import and export of materials handling, mechatronics, environmental improvement equipment, cutting tools, steel processing machinery, air conditioning equipment. The Housing segment is engaged in the sale of kitchen appliances, cooking appliances, bathroom appliances, wash basins. The Household Equipment segment is engaged in the plan, development and sale of home appliances, interior goods, leisure and sports goods, pet supplies, gardening goods. The Company also provides event planning, travel mediation, storage business.
Yamazen Corporation Reports Consolidated Earnings Results for Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
YAMAZEN CORPORATION 