Shindengen Electric Manufacturing Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2015; Provides Earnings Guidance for the First Half and Year 2015
August 04, 2014
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Shindengen Electric Manufacturing Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales of ¥25,590 million against ¥24,598 million for the same period last year. Operating income was ¥2,621 million against ¥2,449 million for the same period last year. Net income was ¥1,359 million or ¥13.19 per basic share against ¥2,650 million or ¥25.72 per share for the same period last year. Income before income taxes was ¥2,606 million against ¥3,189 million for the same period last year. Income before minority interests was ¥1,359 million against ¥2,650 million for the same period last year.
The company provided earnings guidance for the first half year of fiscal 2015. For the period, the company expects net sales of ¥51,500 million, operating income of ¥4,000 million and net income of ¥2,400 million or ¥23.29 per share.
The company provided earnings guidance for the year 2015. For the year, the company expects net sales of ¥109,000 million, operating income of ¥7,300 million and net income of ¥4,500 million or ¥43.67 per share.
The company provided dividend guidance for the fiscal year ending March 31, 2015. For the year, the company expects to pay a dividend of ¥10.00 per.
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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2015; Provides Earnings Guidance for the First Half and Year 2015
SHINDENGEN ELECTRIC MANUFACTURING CO.,LTD. 
