Suzuki Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended September 30, 2018; Provides Earnings Guidance for the Six Months Ending December 2018 and Fiscal Year Ending June 30, 2019; Provides Dividend Guidance for Fiscal Year End 2019
November 12, 2018 at 09:57 pm IST
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Suzuki Co.,Ltd. reported consolidated earnings results for the quarter ended September 30, 2018. For the quarter, net sales wee JPY 6,641 million compared to JPY 6,617 million a year ago. Operating income was JPY 444 million compared to JPY 650 million a year ago. Ordinary income was JPY 411 million compared to JPY 661 million a year ago. Net income attributable to owners of parent was JPY 184 million compared to JPY 389 million a year ago. Net income per share was JPY 12.84 compared to JPY 31.43 a year ago.
For the first half, the company expects net sales to be JPY 14,064 million, operating income to be JPY 774 million, ordinary income to be JPY 710 million, net income attributable to owners of parent to be JPY 278 million and net income per share to be JPY 19.34.
For the full year, the company expects net sales to be JPY 28,507 million, operating income to be JPY 2,024 million, ordinary income to be JPY 1,953 million, net income attributable to owners of parent to be JPY 1,082 million and net income per share to be JPY 72.26.
The company announced that for the year end the company expects dividend to be JPY 11.00 per share compared to JPY 13.00 per share paid a year ago.
SUZUKI CO., LTD. is a Japan-based company primarily engaged in the production and sale of dies, parts and automatic equipment. The Company has three business segments. The Dies segment is engaged in the manufacture and sale of precision press dies and mold dies. The Parts segment is engaged in the manufacture and sale of connector contacts, connector housing products and automobile electric components. The Mechanical Equipment segment is engaged in the manufacture and sale of surface mount technology (SMT) equipment, semiconductor-related equipment and specialized machines, as well as the medical equipment. The Company also conducts leasing business and the sale of power business.
Suzuki Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended September 30, 2018; Provides Earnings Guidance for the Six Months Ending December 2018 and Fiscal Year Ending June 30, 2019; Provides Dividend Guidance for Fiscal Year End 2019