Takano Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Period Ending September 30, 2019 and March 31, 2020
August 02, 2019 at 11:30 am IST
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Takano Co.,Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 5,200 million as compared to JPY 5,742 million for the same period last year. Operating profit was JPY 172 million as compared to JPY 251 million for the same period last year. Ordinary profit was JPY 184 million as compared to JPY 309 million for the same period last year. Profit attributable to owners of parent was JPY 88 million as compared to JPY 267 million for the same period last year. Basic earnings per share was JPY 5.81 as compared to JPY 17.58 for the same period last year.
For the period ending September 30, 2019, The company expects net sales of JPY 11,200 million, operating profit of JPY 170 million, ordinary profit of JPY 190 million, profit attributable to owners of parent of JPY 150 million and basic earnings per share of JPY 9.87.
For the period ending March 31, 2020, The company expects net sales of JPY 24,800 million, operating profit of JPY 1,090 million, ordinary profit of JPY 1,130 million, profit attributable to owners of parent of JPY 830 million and basic earnings per share of JPY 54.62.
TAKANO CO.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of living related equipment, inspection and measurement equipment, industrial equipment and exterior products, as well as the sale of machine and tools. The Company operates through five business segments. The Living Related Equipment segment is mainly engaged in the manufacture and sale of office chairs, as well as chairs for medical and healthcare facilities. The Inspection and Measurement Equipment segment is mainly engaged in the manufacture and sale of atomic force microscope (AFM) equipment and film inspection equipment. The Industrial Equipment segment is mainly engaged in the manufacture and sale of solenoid actuators and unit components. The Exterior Product segment is mainly engaged in the manufacture and sale of flip-up gates, carports, terraces and awnings. The Machine and Tool segment is mainly engaged in the purchase and sale of machine and tools.
Takano Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Period Ending September 30, 2019 and March 31, 2020