Shindengen Electric Manufacturing Co. Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015; Provides Dividend Guidance for the Year Ending March 31, 2015
February 06, 2015
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Shindengen Electric Manufacturing Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2014. For the period, the company reported net sales of JPY 76,768 million against JPY 74,202 million for the same period last year. Operating income was JPY 7,546 million against JPY 9,631 million for the same period last year. Ordinary income was JPY 8,029 million against JPY 9,944 million for the same period last year. Net income was JPY 5,437 million or JPY 52.77 per basic share against JPY 7,740 million or JPY 75.12 per share for the same period last year. Income before income taxes was JPY 8,029 million against JPY 10,364 million for the same period last year. Income before minority interests was JPY 5,437 million against JPY 7,740 million for the same period last year.
The company provided earnings guidance for the year ending March 31, 2015. For the year, the company expects net sales of JPY 104,000 million, operating income of JPY 9,800 million, ordinary income of JPY 9,200 million and net income of JPY 6,500 million or JPY 63.08 per share.
The company provided dividend guidance for the year ending March 31, 2015. For the year, the company expects to pay a dividend of JPY 10.00 per share against JPY 10.00 per share paid a year ago.
Shindengen Electric Manufacturing Co., Ltd. is primarily engaged in the manufacture and sale of semiconductor products, electrical components, power supplies and others. The Company operates in three segments. The Devices segment offers diodes, thyristors, metal-oxide semiconductor field-effect transistors (MOSFETs), high-voltage power integrated circuits (ICs) and power modules, among others. The Electrical segment manufactures electrical equipments for motorcycles and four-wheel vehicles and others. The New Energy segment manufactures power supplies for information and communication equipment, general-purpose inverters, power conditioners for solar power, among others.
Shindengen Electric Manufacturing Co. Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015; Provides Dividend Guidance for the Year Ending March 31, 2015