Hosokawa Micron Corporation Reports Consolidated Earnings Results for the Nine Months Ended June 30, 2018; Provides Earnings Guidance for the Full Year Ending September 30, 2018
August 09, 2018
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Hosokawa Micron Corporation reported consolidated earnings results for the nine months ended June 30, 2018. For the quarter, the company's net sales were ¥41,654 million compared with ¥34,993 million a year ago. Ordinary profit was ¥5,048 million compared with ¥3,207 million a year ago. Net income was ¥3,271 million or ¥398.15 per diluted share compared with ¥2,285 million or ¥271.93 per diluted share a year ago. Income before income taxes was ¥5,043 million compared with ¥3,224 million a year ago. Operating profit was ¥4,966 million compared with ¥3,028 million a year ago.
For the year ending September 30, 2018, the company forecasts net sales of ¥54,500 million, operating income of ¥5,800 million, ordinary income of ¥5,800 million, and profit attributable to owners of parent of ¥3,800 million or ¥464.63 per share.
HOSOKAWA MICRON CORPORATION is a Japan-based company mainly engaged in the powder related business and the plastic thin film related business. The Company operates through two business segments. The Powder-related segment provides crushing and classification equipment, mixing and drying equipment, particle design and granulation equipment, measuring equipment and lab equipment, dust collection equipment, containment equipment, powder processing contracts and functional composite materials. The Plastic Thin Film related segment is engaged in the development, manufacture and sale of various types of plastic multilayer high-performance film thin film production equipment. The main products are fine pulverizers, ultra-fine pulverizers, classifiers, mixers, dryers, nano composite particle manufacturing equipment, granulators, measuring machines, dust collectors, safety booths and isolators.
Hosokawa Micron Corporation Reports Consolidated Earnings Results for the Nine Months Ended June 30, 2018; Provides Earnings Guidance for the Full Year Ending September 30, 2018