Shizuki Electric Company Inc. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2018
January 30, 2018 at 09:30 am IST
Share
Shizuki Electric Company Inc. announced consolidated earnings results for the third quarter ended December 31, 2017. For the quarter, the company reported net sales of JPY 14,945 million against JPY 15,029 million a year ago. Operating income was JPY 776 million against JPY 896 million a year ago. Ordinary income was JPY 1,028 million against JPY 1,130 million a year ago. Profit attributable to owners of parent was JPY 1,135 million against JPY 607 million a year ago. Net income per share was JPY 34.41 against JPY 20.00 a year ago.
For the fourth quarter ending March 31, 2018, the company expects net sales of JPY 20,400 million, operating income of JPY 1,120 million, ordinary income of JPY 1,390 million and profit attributable to owners of parent of JPY 1,400 million or net income per share of JPY 42.43.
SHIZUKI ELECTRIC COMPANY INC. is a Japan-based company mainly engaged in the manufacture and sale of film capacitors and related products, as well as the power equipment system business. The Company operates in two business segments. The Capacitor and Module segment is engaged in the manufacture and sale of capacitors for air conditioners, automobiles, washing equipment, ventilation fans, railway vehicles, control equipment and others. The Electric Power Equipment System segment is engaged in the manufacture and sale of electric power equipment such harmonic countermeasure equipment, railway power supply equipment, electric furnace equipment, power receiving and transforming equipment, instantaneous voltage drop compensation devices and others. The Company is also engaged in the information equipment system business. The Company operates within the domestic market and to overseas markets, including the United States, China and Southeast Asian.
Shizuki Electric Company Inc. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2018