Mutoh Holdings Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
February 13, 2020 at 11:30 am IST
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Mutoh Holdings Co., Ltd. reported consolidated earnings results for the third quarter ended December 2019. For the quarter, the company reported net sales of JPY 12,148 million against JPY 14,184 million a year ago. Operating loss was JPY 350 million against operating profit of JPY 104 million a year ago. Loss attributable to owners of parent was JPY 339 million compared to profit of JPY 160 million a year ago. Basic loss per share were JPY 74.59 against basic earnings per share of JPY 35.35 a year ago.
For the fiscal year ending March 31, 2020, the company expects consolidated net sales of JPY 17,050 million, operating loss of JPY 350 million and profit attributable to owners of parent of JPY 3 million or JPY 0.66 per basic share.
MUTOH HOLDINGS CO., LTD. is primarily involved in the development, manufacture and sale of information graphics-related equipment. The Company operates in four business segments. The information graphics-related Equipment segment offers large-format inkjet printers for graphic arts, computer aided design (CAD) plotters, industry-specific plotters, imaging scanners, 3D printers and other related supply products. The Information Services segment provides services for CAD and related software, as well as software development and system integration services. The Design Measuring Equipment is engaged in the provision of drafting and design equipment, optical measuring equipment. The Real Estate Leasing segment is engaged in the leasing of real estate. The Company also offers sports support goods and restaurants business.
Mutoh Holdings Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020