HIRANO TECSEED Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2016
August 07, 2015
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HIRANO TECSEED Co., Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of JPY 2,222 million compared to JPY 4,199 million a year ago. Operating loss was JPY 50 million compared to income of JPY 91 million a year ago. Ordinary loss was JPY 13 million compared to income of JPY 115 million a year ago. Net loss attributable to the owners of the parent was JPY 21 million compared to income of JPY 44 million a year ago. Net loss per share was JPY 1.46 compared to income of JPY 2.93 a year ago.
For the half year of 2016, on consolidated basis, the company expects net sales of JPY 7,000 million, operating income of JPY 260 million, ordinary income of JPY 300 million, net income of JPY 230 million or JPY 15.29 per share.
For the year ending March 31, 2016, on consolidated basis, the company expects net sales of JPY 16,000 million, operating income of JPY 1,130 million, ordinary income of JPY 1,200 million, net income of JPY 820 million or JPY 54.50 per share.
HIRANO TECSEED Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of coating machines-related and chemical machines-related equipment, among others. The Coating Machines-related segment manufactures and sells coating and laminating-related machines such as magnetic tapes, composite films for wrapping, adhesive tapes, synthetic leathers, floor materials, wallpaper, decorative sheets, insulating plates, as well as drying and heat disposal machines, among others. The Chemical Machines-related segment manufactures and sells macromolecular chemical machines such as machines for plastic films, film formations, electrical printed circuit boards (PCBs) and ceramic sheet moldings, high-heat processing equipment, drying and heat disposal machines and others. The Others segment manufactures and sells dyeing machines and various machinery parts, as well as provides repair and remodeling services.
HIRANO TECSEED Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2016