Suzuki Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending June 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2018
February 13, 2018
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Suzuki Co.,Ltd. reported consolidated earnings results for the six months ended December 31, 2017. For the period, the group reported net sales of ¥13,865 million, operating income of ¥1,376 million, ordinary income of ¥1,429 million and net income attributable to owners of parent of ¥861 million or ¥69.56 per share compared to net sales of ¥11,456 million, operating income of ¥832 million, ordinary income of ¥632 million and net income attributable to owners of parent of ¥294 million or ¥23.80 per share reported in the same period last year.
For the fiscal year ending June 30, 2018, the group reported year end dividend forecast of ¥11.00 per share compared to ¥11.00 per share declared last year.
For the fiscal year ending June 30, 2018, the group expects to report net sales of ¥26,953 million, operating income of ¥2,055 million, ordinary income of ¥2,091 million and net income attributable to owners of parent of ¥1,140 million or ¥92.09 per share.
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 Six Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending June 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2018