Shindengen Electric Manufacturing Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2012; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2013; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2013
November 07, 2012
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Shindengen Electric Manufacturing Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2012. For the period, the company reported net sales of ¥40,723 million against ¥42,277 million for the same period last year. Operating income was ¥216 million against ¥3,582 million for the same period last year. Ordinary loss was ¥778 million against ordinary income of ¥2,527 million for the same period last year. Loss before income taxes was ¥889 million against income before income taxes of ¥2,469 million for the same period last year. Loss before minority interests was ¥905 million against income before minority interests of ¥1,837 million for the same period last year. Net loss was ¥905 million or ¥9.21 per basic share against net income of ¥1,786 million or ¥16.49 per share for the same period last year.
The company provided dividend guidance for the fiscal year ending March 31, 2013. For the year, the company expects to pay a final dividend of ¥3.50 per share against ¥3.50 per share paid for the same period last year.
The company provided earnings guidance for the fiscal year ending March 31, 2013. For the year, the company expects net sales of ¥86,300 million, operating income of ¥1,500 million, ordinary loss of ¥300 million and net income of ¥100 million or ¥0.12 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. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2012; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2013; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2013