Tamagawa Holdings Co., Ltd. Announces Quarterly Results for the Second Quarter Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
November 14, 2017
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Tamagawa Holdings Co., Ltd. announced quarterly results for the second quarter ended September 30, 2017. For the quarter, the company reported net sales of JPY 1,303 million compared to JPY 1,813 million a year ago. Operating loss was JPY 65 million compared to operating income of JPY 3 million a year ago. Ordinary loss was JPY 114 million compared to JPY 42 million a year ago. Loss attributable to owners of parent was JPY 118 million compared to JPY 3 million a year ago. Net loss per share were JPY 2.82 compared to JPY 0.09 a year ago. Loss before income taxes was JPY 112.984 million compared to JPY 25.223 million a year ago.
The company announced earnings guidance for the fiscal year ending March 31, 2018. The company forecasted net sales JPY 4,237 million, operating income JPY 202 million, ordinary income JPY 107 million, profit attributable to owners of the parent JPY 57 million, net income per share JPY 1.36.
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, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018