Tamagawa Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
February 13, 2018
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Tamagawa Holdings Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported sales amount of JPY 1,997 million compared to JPY 2,537 million a year ago. Operating loss was JPY 96 million compared to JPY 43 million a year ago. Ordinary loss was JPY 174 million compared to JPY 102 million a year ago. Loss belong to the parent company's shareholders was JPY 182 million compared to JPY 88 million a year ago. Net loss per share was JPY 4.34 compared to JPY 2.09 a year ago. Loss before income taxes was JPY 172,771,000 compared to JPY 90,216,000 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects sales amount of JPY 3,727 million, operating profit of JPY 126 million, ordinary profit of JPY 32 million, net profit belong to the parent company's shareholders of JPY 9 million and net profit per share of JPY 0.23.
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, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018