Shibaura Electronics Co. Ltd. Reports Consolidated Earnings Results for the First Nine Months Ended Dec. 31, 2015; Provides Earnings Guidance for the Year Ending Mar. 31, 2016; Provides Dividend Guidance for the Year Ending Mar. 31, 2016
February 05, 2016
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Shibaura Electronics Co. Ltd. reported consolidated earnings results for the first nine months ended Dec. 31, 2015. For the nine months, the company reported operating income of ¥1,297 million and net income attributable to shareholders of the parent of ¥891 million or ¥114.67 per basic share on net sales of ¥15,908 million against operating income of ¥1,520 million and net income attributable to shareholders of the parent of ¥1,327 million or ¥170.78 per basic share on net sales of ¥15,121 million for the same period of last year. Income before income taxes and minority interests was ¥1,783 million against ¥4,913 million for the same period of last year.
For the year ending Mar. 31, 2016, the company expects operating income of ¥2,000 million and net income attributable to shareholders of the parent of ¥1,380 million or ¥177.51 per basic share on net sales of ¥21,000 million.
For the year ending Mar. 31, 2016, the company expects an year-end dividend of ¥50 per basic share.
SHIBAURA ELECTRONICS CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of semiconductor components and various products, such as temperature sensors, humidity sensors, hygrometers, temperature controllers, temperature recorders, anemometers, humidity measurement devices. The Company operates in four regional segments including Japan, Asia, Europe and the United States. The Company is mainly engaged in the procurement and supply of materials, the research, development and manufacture of prototype advanced applied products, as well as the manufacture and sale of thermistor temperature and humidity sensors, thermistor elements, measurement control equipment.
Shibaura Electronics Co. Ltd. Reports Consolidated Earnings Results for the First Nine Months Ended Dec. 31, 2015; Provides Earnings Guidance for the Year Ending Mar. 31, 2016; Provides Dividend Guidance for the Year Ending Mar. 31, 2016