Furuya Metal Co., Ltd. Reports Nonconsolidated Earnings Results for the First Quarter Ended September 30, 2013; Provides Earnings Guidance for the Six Months Ending December 31, 2013 and Year Ending June 30, 2014; Provides Dividend Guidance for the Year Ending June 30, 2014
November 07, 2013
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Furuya Metal Co., Ltd. reported nonconsolidated earnings results for the first quarter ended September 30, 2013. For the period, the company reported net sales of JPY 8,085 million against JPY 6,432 million a year ago. Operating income was JPY 447 million against JPY 327 million a year ago. Ordinary income was JPY 447 million against JPY 302 million a year ago. Net loss was JPY 2,900 million or JPY 405.33 per share against net income of JPY 187 million or JPY 25.94 per share a year ago. Loss before income taxes was JPY 2,878 million against income before income taxes of JPY 302 million a year ago.
For the six months ending December 31, 2013, the company expects net sales of JPY 12,090 million, operating income of JPY 890 million, ordinary income of JPY 840 million and net loss of JPY 2,485 million or 347.25 per share.
For the year ending June 30, 2014, the company expects net sales of JPY 25,080 million, operating income of JPY 2,260 million, ordinary income of JPY 2,160 million and net loss of JPY 1,165 million or JPY 162.80 per share.
For the year ending June 30, 2014, the company expects dividend of JPY 40 per share.
FURUYA METAL CO.,LTD is a Japan-based company engaged in manufacturing and sales of industrial precious metal products. The Company operates in four business segments. The Electronic segment is engaged in manufacturing and sales of electronic components used in electronic products. The Thin Film segment is engaged in manufacturing and sales of precious metal targets used for thin film. The Sensor Segment is engaged in manufacturing and sales of temperature sensor used for semiconductor equipment. The Other business segment is engaged in manufacturing and sales of precious metal compound, as well as collection and purification of precious metal.
Furuya Metal Co., Ltd. Reports Nonconsolidated Earnings Results for the First Quarter Ended September 30, 2013; Provides Earnings Guidance for the Six Months Ending December 31, 2013 and Year Ending June 30, 2014; Provides Dividend Guidance for the Year Ending June 30, 2014