Shindengen Electric Manufacturing Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2016; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2017
May 12, 2016
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Shindengen Electric Manufacturing Co. Ltd. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2016. For the period, on consolidated basis, the company reported net sales of JPY 98,110 million against JPY 108,255 million for the same period last year. Operating income was JPY 799 million against JPY 7,673 million for the same period last year. Ordinary income was JPY 405 million against JPY 7,861 million for the same period last year. Profit attributable to owners of the parent was JPY 205 million or JPY 1.99 per basic share against JPY 5,252 million or JPY 50.98 per share for the same period last year. Cash flows from operating activities was JPY 10,420 million compared to JPY 9,027 million a year ago. Net assets per share was JPY 492.63 compared to JPY 549.97 a year ago. Income before income taxes was JPY 166 million against JPY 7,861 million for the same period last year. Purchases of tangible fixed assets was JPY 5,526 million compared to JPY 5,982 million a year ago. Purchases of intangible assets was JPY 294 million compared to JPY 266 million a year ago.
For the period, on non-consolidated basis, the company net sales of JPY 82,038 million against JPY 92,638 million for the same period last year. Operating loss was JPY 3,269 million against income of JPY 3,483 million for the same period last year. Ordinary loss was JPY 2,014 million against income of JPY 4,887 million for the same period last year. Net loss was JPY 1,465 million or JPY 14.22 per basic share against income of JPY 3,321 million or JPY 32.24 per share for the same period last year. Net assets per share was JPY 399.49 compared to JPY 436.79 a year ago.
The company provided earnings guidance for the first half and full year ending March 31, 2017. For the first half, the company expects net sales of JPY 47,200 million, operating income of JPY 2,100 million, ordinary income of JPY 2,200 million and profit attributable to owners of the parent of JPY 1,700 million or JPY 16.50 per share.
For the full year, the company expects net sales of JPY 98,800 million, operating income of JPY 4,500 million, ordinary income of JPY 4,500 million and profit attributable to owners of the parent of JPY 3,600 million or JPY 34.94 per share.
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 and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2016; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2017
SHINDENGEN ELECTRIC MANUFACTURING CO.,LTD. 
