Mabuchi Motor Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Consolidated Earnings Guidance for the First Six Months and for the Full Year for the Year Ending December 31, 2016
May 25, 2016 at 09:30 pm IST
Share
Mabuchi Motor Co. Ltd. announced consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company announced fully diluted net income per share of JPY 53.11 compared to JPY 67.03 for the same period a year ago.
The company provided consolidated earnings guidance for the first six months and for the full year for the year ending December 31, 2016. For the first six months, the company expects to report net sales of JPY 74,300 million, operating income of JPY 11,100 million, ordinary income of JPY 11,700 million and profit attributable to owners of parent company of JPY 7,600 million or JPY 110.48 per share.
For the full year, the company expects to report net sales of JPY 150,000 million, operating income of JPY 22,500 million, ordinary income of JPY 23,700 million and profit attributable to owners of parent company of JPY 17,000 million or JPY 247.94 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, 2016; Provides Consolidated Earnings Guidance for the First Six Months and for the Full Year for the Year Ending December 31, 2016