HIRANO TECSEED Co.,Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2020
August 08, 2019
Share
HIRANO TECSEED Co. Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2019. For the period, the consolidated company reported net sales of ¥4,737 million, operating income of ¥376 million, ordinary income of ¥412 million, net income attributable to owners of the parent of the company of ¥292 million or net earnings per basic share of ¥19.44 compared to net sales of ¥7,212 million, operating loss of ¥929 million, ordinary loss of ¥959 million, net profit attributable to owners of the parent of the company of ¥655 million or net income per basic share of ¥43.56 for the same period last year.
For the first half of fiscal year ending March 31, 2020, the consolidated company expects net sales of ¥15,000 million, operating income of ¥2,960 million, ordinary income of ¥3,000 million, net income attributable to owners of the parent of the company of ¥2,000 million or net income per share of ¥132.95.
For the fiscal year ending March 31, 2020, the consolidated company expects net sales of ¥30,000 million, operating income of ¥3,950 million, ordinary income of ¥4,000 million, net income attributable to owners of the parent of the company of ¥2,700 million or net income per share of ¥179.48.
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, 2019; Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2020