SRG Takamiya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2016 and Full Year Ending March 31, 2017
August 05, 2016
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SRG Takamiya Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 8,142 million against JPY 7,791 million a year ago. Operating income was JPY 272 million against JPY 253 million a year ago. Ordinary income was JPY 92 million against JPY 307 million a year ago. Loss attributable to owners of parent was JPY 37 million against profit attributable to owners of parent of JPY 175 million a year ago. Loss per share was JPY 15.42 against earnings per share of JPY 3.90 a year ago. Profit before income taxes was JPY 92,526 million against JPY 307,577 million a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2016 and full year ending March 31, 2017. For the six months, the company expects net sales of JPY 18,000 million, operating income of JPY 820 million, ordinary income of JPY 700 million, profit attributable to owners of parent of JPY 289 million or JPY 6.61 per share.
For the full year, the company expects net sales of JPY 38,800 million, operating income of JPY 3,380 million, ordinary income of JPY 3,100 million, profit attributable to owners of parent of JPY 1,950 million or JPY 44.60 per share.
Takamiya Co., Ltd., formerly SRG TAKAMIYA CO., LTD., is a Japan-based company principally engaged in the development, production, sales and rental of temporary machinery and materials for construction use. The temporary materials of the Company include exterior scaffoldings, false work materials, hanging scaffoldings, forming materials, safety and curing materials, as well as temporary roof materials, among others. The Company operates in three segments. The Sales segment is engaged in the manufacture and sales of machinery and materials for construction use. The Rental segment is engaged in the rental of machinery and materials for construction use. The Overseas segment is engaged in the sale and rental of temporary machinery and materials for construction use overseas.
SRG Takamiya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2016 and Full Year Ending March 31, 2017