Sanshin Electronics Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014
November 06, 2013
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Sanshin Electronics Co., Ltd. Reported consolidated earnings results for the first half ended September 30, 2013. The company reported net sales of JPY 96,369 million, operating profit of JPY 1,182 million, net profit of JPY 775 million or JPY 27.26 per share against net sales of JPY 69,008 million, operating profit of JPY 618 million, net profit of JPY 339 million or JPY 11.59 per share a year ago. Net cash provided by operating activities during the first half period totaled JPY 2,213 million. Net profit before tax and adjustments was JPY 1,156 million against JPY 651 million a year ago. Purchase of property and equipment was JPY 28 million against JPY 11 million a year ago.
For the year ending March 31, 2014, the company expects net sales of JPY 183,000 million, operating profit of JPY 2,200 million, net profit of JPY 1,550 million or JPY 55 per share.
SANSHIN ELECTRONICS CO., LTD. is a Japan-based company mainly engaged in the sales of electronic devices and the providing of information technology (IT) solutions. The Company mainly operates in two segments. The Device segment is engaged in the sales of semiconductors and electronic components to electronics manufacturers, besides, it also provides technical support such as software development and module development. The Solution segment is engaged in information and telecommunications network business which provides infrastructure design, construction, operation and maintenance services to private enterprises, government agencies and municipalities.
Sanshin Electronics Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014
SANSHIN ELECTRONICS CO., LTD. 
