Tamagawa Holdings Co., Ltd. Announces Quarterly Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
November 14, 2019
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Tamagawa Holdings Co., Ltd. announced quarterly results for the second quarter ended September 30, 2019. For the quarter, the company reported net sales of JPY 2,469 million compared to JPY 1,655 million a year ago. Operating profit was JPY 331 million compared to operating income of JPY 16 million a year ago. Ordinary profit was JPY 244 million compared to JPY 84 million a year ago. Profit attributable to owners of parent was JPY 127 million compared to JPY 94 million a year ago. Net profit per share were JPY 28.51 compared to JPY 21.86 a year ago.
The company announced earnings guidance for the fiscal year ending March 31, 2020. The company forecasted net sales JPY 5,699 million, operating income JPY 524 million, ordinary income JPY 372 million, profit attributable to owners of the parent JPY 319 million, net income per share 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 Quarterly Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
TAMAGAWA HOLDINGS CO., LTD. 
