Yashima Denki Co.,Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December, 2015; Provides Earnings Guidance for the Quarter Ended March 2016
January 28, 2016 at 10:00 am
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Yashima Denki Co.,Ltd. reported consolidated earnings results for the third quarter ended December, 2015. For the quarter, the company reported net sales of JPY 52,893 million against JPY 48,085 million a year ago. Operating income was JPY 307 million against operating loss of JPY 285 million a year ago. Ordinary income was JPY 403 million against ordinary loss of JPY 198 million a year ago. Profit attributable to owners of parent was JPY 804 million against JPY 270 million a year ago. Net income per share was JPY 36.95 against JPY 12.44 per share a year ago.
For the quarter ended March 2016, the company expects net sales of JPY 83,000 million, operating income of JPY 1,970 million, ordinary income of JPY 2,050 million and profit attributable to owners of parent of JPY 1,690 million or JPY 77.59 per share.
Yashima Denki Co., Ltd. is a company mainly engaged in the provision of electrical equipment, electronic information equipment, electronic devices, industrial equipment, air conditioning related equipment and others. The Company operates in three business segments. The Plant segment sells iron and steel systems, electrical substation and distribution equipment, rolling equipment, private power generation equipment, electrical control, production management systems, and related maintenance services. The Industrial and Transportation segment mainly sells air conditioning equipment, lighting equipment, electrical substation and distribution equipment, security systems, vehicles and vehicle electrical components, station equipment related systems, and maintenance services. Electronic Devices and Components segment mainly consists of microcomputers, analog semiconductors, memories, insulated gate bipolar transistors (IGBTs), liquid crystal modules, batteries, sensors and others.
Yashima Denki Co.,Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December, 2015; Provides Earnings Guidance for the Quarter Ended March 2016