Hirano Tecseed Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
February 09, 2016 at 07:25 pm IST
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HIRANO TECSEED Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2015. For the period, the group reported net sales of ¥10,923 million, operating income of ¥640 million, ordinary income of ¥707 million and net income attributable to owners of parent of ¥459 million or ¥30.51 per share compared to net sales of ¥11,022 million, operating income of ¥524 million, ordinary income of ¥590 million and net income attributable to owners of parent of ¥387 million or ¥25.79 per share reported in the same period last year.
For the fiscal year ending March 31, 2016, the company reported year end dividend forecast of ¥8.00 per share compared to ¥5.00 per share declared last year.
For the year ending March 31, 2016, the parent company expected to report net sales of ¥17,500 million, operating income of ¥1,530 million, ordinary income of ¥1,600 million and net income attributable to owners of parent of ¥1,000 million or ¥66.47 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 Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016