Mabuchi Motor Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2018
May 22, 2018 at 11:30 am IST
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Mabuchi Motor Co. Ltd. announced consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net sales of JPY 36,465 million compared to JPY 37,032 million for the same period a year ago. Operating income of JPY 6,004 million compared to JPY 6,953 million for the same period a year ago. Profit before income taxes of JPY 5,877 million compared to JPY 6,903 million for the same period a year ago. Profit attributable to owners of parent of JPY 4,569 million or JPY 67.70 fully diluted profit per share compared to JPY 5,443 million or JPY 79.82 fully diluted profit per share for the same period a year ago.
For the six months ending June 30, 2018, the company expects net sales of JPY 72,600 million, operating income of JPY 11,100 million and profit attributable to owners of parent company of JPY 8,200 million or JPY 121.92 per share.
For the full year ending December 31, 2018, the company expects net sales of JPY 148,000 million, operating income of JPY 22,600 million and profit attributable to owners of parent company of JPY 22,900 million or JPY 340.85 per share.
MABUCHI MOTOR CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of small motors. Its automotive electrical equipment are used in car mirrors, door locks, dampers for air conditioning, power windows, power sheets, collimating equipment for headlights, lumbar supports and others. Its consumer goods and business machine are used in shavers, hair clippers, hair removal machines, toothbrushes, hair dryers, impact wrenches, circular saws, tools, inkjet printers, copiers, multifunction peripheral (MFP), laser printers and others.
Mabuchi Motor Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2018