Precision System Science Reports Consolidated Earnings Results for the First Nine Months Ended March 31, 2012; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2012
May 14, 2012
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Precision System Science reported consolidated earnings results for the first nine months ended March 31, 2012. For the nine months, the company reported net sales of JPY 2,506 million compared to JPY 2,356 million a year ago. Operating loss was JPY 143 million compared to JPY 249 million a year ago. Ordinary loss was JPY 144 million compared to JPY 231 million a year ago. Net loss was JPY 159 million compared to JPY 227 million a year ago. Net income per share was JPY 1,746.90 compared to JPY 2,492.55 a year ago.
The company provided earnings guidance for the fiscal year ending June 30, 2012. For the year, the company expects sales of JPY 3,620 million, operating income of JPY 10 million, ordinary loss of JPY 30 million, net loss of JPY 60 million and net loss per share of JPY 657.46.
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 Reports Consolidated Earnings Results for the First Nine Months Ended March 31, 2012; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2012