Kawanishi Holdings, Inc. Announces Consolidated Earnings Results for the Six Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2017
January 31, 2017 at 08:30 pm IST
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Kawanishi Holdings, Inc. announced consolidated earnings results for the six months ended December 31, 2016. For the six months, the company reported net sales of ¥53,184 million against ¥49,238 million a year ago. Operating income was ¥571 million against ¥194 million a year ago. Ordinary income was ¥590 million against ¥193 million a year ago. Net income attributable to owners of parent was ¥377 million or ¥67.29 basic per share against ¥91 million or ¥16.30 basic per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending June 30, 2017. For the year, the company expects net sales of ¥105,069 million, operating income of ¥816 million, ordinary income of ¥808 million and net income attributable to owners of parent of ¥492 million or ¥87.77 basic per share.
OLBA Healthcare Holdings Inc, formerly Kawanishi Holdings Inc, is a Japan-based company mainly engaged in the medical equipment business. The Company operates through four business segments. The Medical Equipment segment is engaged in the sale of medical electrical equipment, pharmaceuticals, surgical instruments, implants and other medical equipment for clinics and hospitals. The Supply Process Distribution (SPD) segment is engaged in the provision of SPD systems that use information technology to manage goods information and purchase information. The Nursing Care Products segment is engaged in the sale and rental of home care beds and other nursing care equipment. The Import and Sale segment is engaged in the import and sale of medical equipment.
Kawanishi Holdings, Inc. Announces Consolidated Earnings Results for the Six Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2017
OLBA HEALTHCARE HOLDINGS, INC. 
