Shindengen Electric Manufacturing Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2014; Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2015; Announces Year End Dividend for the Fiscal Year Ended March 31, 2014 Payable on June 30, 2014; Expects to Pay Year End Dividend for the Fiscal Year Ending March 31, 2015
June 04, 2014
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Shindengen Electric Manufacturing Co. Ltd. announced consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2014. For the period, the consolidated company reported net sales of ¥104,564 million, operating income of ¥11,313 million, ordinary income of ¥10,960 million, net income of ¥12,129 million or net income per basic share of ¥117.71 compared to net sales of ¥88,426 million, operating income of ¥3,333 million, ordinary income of ¥3,317 million, net income of ¥4,009 million or net income per basic share of ¥38.06 for the same period last year. Cash flow from operating activities was ¥13,145 million against ¥7,657 million a year ago. Purchases of tangible fixed assets were ¥3,976 million against ¥5,721 million a year ago. Purchases of intangible assets were ¥231 million against ¥122 million a year ago. Income before income taxes was ¥11,375 million against ¥4,421 million a year ago.
For the period, the non-consolidated company reported net sales of ¥95,522 million, operating income of ¥7,199 million, ordinary income of ¥8,537 million, net income of ¥9,849 million or net income per basic share of ¥95.58 compared to net sales of ¥80,964 million, operating income of ¥1,456 million, ordinary income of ¥2,371 million, net income of ¥2,171 million or net income per basic share of ¥20.22 for the same period last year.
The company announced year end dividend of ¥10.00 per share for the fiscal year ended March 31, 2014 compared to ¥3.50 per share for the same period last year. The company will pay dividend on June 30, 2014.
The company expected to pay year end dividend of ¥10.00 per share for the fiscal year ending March 31, 2015.
The company expects net sales of ¥51,500 million, operating income of ¥2,100 million, ordinary income of ¥1,800 million, net income of ¥1,300 million or net income per share of ¥12.62 for the first half of fiscal year ending March 31, 2015.
The company expects net sales of ¥109,000 million, operating income of ¥7,300 million, ordinary income of ¥1,800 million, net income of ¥4,500 million or net income per share of ¥43.67 for the full year of fiscal year ending March 31, 2015.
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 Fiscal Year Ended March 31, 2014; Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2015; Announces Year End Dividend for the Fiscal Year Ended March 31, 2014 Payable on June 30, 2014; Expects to Pay Year End Dividend for the Fiscal Year Ending March 31, 2015
SHINDENGEN ELECTRIC MANUFACTURING CO.,LTD. 
