Tamagawa Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
February 14, 2020
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Tamagawa Holdings Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 3,633 million compared to JPY 2,475 million a year ago. Operating profit was JPY 391 million compared to operating income of JPY 15 million a year ago. Profit and profit belongs to the parent company's shareholders was JPY 216 million compared to loss of JPY 37 million a year ago. Net profit per share were JPY 51.18 compared to loss of JPY 8.73 a year ago. Net profit per share after issuable share adjustment was JPY 45.90.
The company provided earnings guidance for the fiscal year ending March 31, 2020. The company forecasted net sales of JPY 5,699 million, operating income of JPY 524 million, ordinary income of JPY 372 million, profit belongs to the parent company's shareholders of JPY 319 million and net income per share of JPY 73.58.
TAMAGAWA HOLDINGS CO.,LTD. is a holding company primarily engaged in manufacturing and selling electronic and communication equipment. The Company operates in three business segments. The Electronic and Communication Equipment segment develops, manufactures and sells products including high frequency electronic components such as attenuators, splitters, couplers, switches and filters, optical related and electronic application equipment such as optical transmission equipment, frequency converters, amplifiers, frequency synthesizers, digital signal processing devices, video monitoring systems and various test devices. The Renewable Energy System Sales segment sells solar power plants, solar power modules, power conditioners, small wind power generators, and other auxiliary equipment as main products to operating companies and general consumers. The Renewable Energy Power Plant segment conducts business development and review of all renewable energy power plants.
Tamagawa Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
TAMAGAWA HOLDINGS CO., LTD. 
