Taiyo Yuden Co., Ltd. Provides Dividend for the Full Year of Fiscal 2016; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
February 03, 2016 at 12:19 pm IST
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Taiyo Yuden Co., Ltd. provided dividend for the full year of fiscal 2016. For the year, the company expects to pay a final dividend of JPY 10.00 per share.
The company reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 186,077 million compared to JPY 167,229 million a year ago. Operating income was JPY 21,058 million compared to JPY 8,176 million a year ago. Ordinary income was JPY 21,104 million compared to JPY 10,541 million a year ago. Net income attributable to owners of the parent company was JPY 14,382 million compared to JPY 5,954 million a year ago. Net income per diluted share was JPY 112.62 compared to JPY 46.61 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales of JPY 246,000 million, operating income of JPY 23,000 million, ordinary income of JPY 23,000 million, net income of JPY 13,000 million or JPY 110.40 per share.
Taiyo Yuden Co., Ltd. specializes in the design, manufacturing and marketing of electronic components. Net sales break down by family of products as follows:
- ceramic capacitor (64.9%);
- modules (15.6%);
- ferrites for inductors (13.8%);
- other (5.7%): primarily ceramic microchips.
Net sales break down by market between communication equipment (32%; mobile phones, etc.), IT infrastructure and industrial equipment (24%), automotive (19%), IT equipment (15%; computers and peripherals) and consumer electronics (10%; TV-sets, digital cameras, game consoles, etc.).
Net sales are distributed geographically as follows: Japan (9.7%), China (35.8%), Hong Kong (16%) and other (35.8%).
Taiyo Yuden Co., Ltd. Provides Dividend for the Full Year of Fiscal 2016; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
TAIYO YUDEN CO., LTD. 
