Techno Mathematical Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Full Year Ending March 31, 2019
August 09, 2018 at 08:00 am IST
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Techno Mathematical Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported net sales of JPY 90 million compared to JPY 129 million a year ago. Operating loss was JPY 78 million compared to JPY 56 million a year ago. Ordinary loss was JPY 75 million compared to JPY 55 million a year ago. Net loss was JPY 76 million compared to JPY 56 million a year ago. Net loss per basic share was JPY 29.42 compared to JPY 21.65 a year ago.
The company provided earnings guidance for the six months ending September 2018. For the period, the company expects net sales of JPY 300 million, operating loss of JPY 72 million, ordinary loss of JPY 71 million, net loss of JPY 73 million or JPY 28.15 per share.
The company provided earnings guidance for the full year ending March 31, 2019. For the year, the company expects net sales of JPY 810 million, operating income of JPY 25 million, ordinary income of JPY 28 million, net income of JPY 21 million or JPY 8.10 per share.
Techno Mathematical Co., Ltd. is a Japan-based company involved in the development and sale of digital media new algorithm (DMNA)-based software and hardware products complying with global standards for image, voice and sound processing, as well as the development and sale of large-scale integration (LSI) products. DMNA is developed based on the mathematical methods used by the Company. The Company has three business segments. The Software License segment offers software products used in embedded systems of cellular phones, digital still cameras and others. The Hardware License segment provides intellectual property (IP) as design data for large-scale semiconductors that are used in electronic devices. The Solution segment manufactures and sells single-function LSI products.
Techno Mathematical Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Full Year Ending March 31, 2019