Kyowa Exeo Corporation Announces Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half Year and Full Year of Fiscal 2015
August 03, 2015 at 08:50 pm IST
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Kyowa Exeo Corporation announced consolidated and non-consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, on consolidated basis, the company reported net sales of ¥49.8 billion, operating income of ¥1.8 billion, ordinary income of ¥1.9 billion and net income attributable to owners of parent of ¥1.1 billion compared to net sales of ¥59.2 billion, operating income of ¥3.6 billion, ordinary income of ¥3.8 billion and net income attributable to owners of parent of ¥2.3 billion reported in the same period last year.
For the half year of fiscal 2015, the group expected to report net sales of ¥124.0 billion, operating income of ¥7.0 billion, ordinary income of ¥7.0 billion and net income of ¥3.9 billion.
For the full year of fiscal 2015, the group expected to report net sales of ¥305.0 billion, operating income of ¥21.0 billion, ordinary income of ¥21.0 billion and net income of ¥13.2 billion.
For the quarter, on non-consolidated basis, the company reported net sales of ¥37.5 billion, operating income of ¥0.9 billion, ordinary income of ¥3.4 billion and net income of ¥3.0 billion compared to net sales of ¥46.6 billion, operating income of ¥2.2 billion, ordinary income of ¥2.8 billion and net income of ¥7.3 billion reported in the same period last year.
For the half year of fiscal 2015, the company expected to report net sales of ¥96.0 billion, operating income of ¥4.3 billion, ordinary income of ¥5.2 billion and net income of ¥3.5 billion.
For the full year of fiscal 2015, the parent company expected to report net sales of ¥240.0 billion, operating income of ¥13.0 billion, ordinary income of ¥14.0 billion and net income of ¥9.4 billion.
EXEO Group Inc, formerly Kyowa Exeo Corp, is mainly engaged in the engineering solution business and the system solution business. It consists of four business segments: Kyowa Exeo Group, C Cube Group, Seibu Denki Group and Nippon Dentsu Group. The segments are mainly engaged in the construction of equipment and urban infrastructure for communication carriers, network integration, and system integration, centering on their respective construction areas. The engineering solution business includes communication carriers that build and maintain communication infrastructure equipment, and urban infrastructure that builds and maintains various communication infrastructure equipment for local governments, government agencies, railway companies, private companies and others. The system solution business builds systems and provides system integration for various companies such as telecommunications carriers, finance and manufacturing. The Company also operates pipe work business.
Kyowa Exeo Corporation Announces Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half Year and Full Year of Fiscal 2015