Precision System Science Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2015; Revises Earnings Guidance for the Year Ending June 30, 2015
May 15, 2015
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Precision System Science Co., Ltd. reported consolidated earnings results for the nine months ended March 31, 2015. For the period, the company reported net sales of JPY 3,938 million compared to JPY 2,850 million a year ago. Operating loss was JPY 179 million compared to JPY 493 million a year ago. Ordinary loss was JPY 24 million compared to JPY 416 million a year ago. Net loss was JPY 50 million compared to net income of JPY 1,030 million a year ago. Net loss per share was JPY 2.76 compared to net income per share of JPY 56.49 a year ago. Loss before income taxes and others was JPY 31.092 million compared to income before income taxes and others of JPY 3,406.635 million a year ago.
For the year ending June 30, 2015, the company now expects sales of JPY 5,000 million, operating loss of JPY 380 million, ordinary loss of JPY 230 million and net loss of JPY 260 million or net loss per share of JPY 14.25 against sales of JPY 5,000 million, operating loss of JPY 400 million, ordinary loss of JPY 330 million and net loss of JPY 350 million or net loss per share of JPY 19.18 expected previously.
Precision System Science Co., Ltd. is engaged in the development, manufacture and sales of various devices for lab (laboratory) automation and clinical diagnosis. The equipment business provides various automated equipment for lab such as deoxyribonucleic acid (DNA) automatic extractors and others, immunochemical luminescence measuring devices, specimen pretreatment devices for clinical diagnosis, and fully automated gene diagnostic equipment, among others. The reagents and consumables business provide various reagents used for DNA extraction and protein purification, as well as dedicated plastic consumables such as reaction vessel and others. The maintenance-related segment is engaged in equipment maintenance business, and the sales of spare parts (replacement parts). The contract manufacturing business is engaged in the contract manufacturing business.
Precision System Science Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2015; Revises Earnings Guidance for the Year Ending June 30, 2015