The Takigami Steel Construction Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2016
February 12, 2016 at 10:10 pm IST
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The Takigami Steel Construction Co., Ltd. reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of ¥13,817 million against ¥10,072 million a year ago. Operating income was ¥1,161 million against ¥649 million a year ago. Ordinary income was ¥1,374 million against ¥864 million a year ago. Profit attributable to owners of parent was ¥1,058 million or ¥43.86 per share against ¥8,458 million or ¥372.05 per share diluted a year ago. Net assets per share were ¥1,462.14 against ¥1,427.78 per share a year ago.
For the fourth quarter ending March 31, 2016, the company expects net sales of ¥18,500 million, operating income of ¥1,350 million, ordinary income of ¥1,550 million, profit attributable to owners of parent of ¥1,150 million or ¥47.65 per share.
Takigami Steel Construction Co Ltd is a Japan-based company engaged in the design, manufacture and sale of steel structure products. The Company operates in five business segments. The Steel Structure Products Manufacturing segment is engaged in the design, manufacture and construction of steel bridges, iron frames and other steel structure products and the development and sale of precast concrete products for bridges, and sale of asphalt additives. The Real Estate Leasing segment is engaged in the leasing and management of real estate properties. The Materials Sale segment is engaged in processing and sale of steel sheets and various steel materials. The Transportation segment is engaged in transportation of goods and other related business. The machine tool manufacturing segment is engaged in the design, manufacture and sale of machine tools, automotive machine tools, and jigs and tools. The Company also operates a solar power generation business.
The Takigami Steel Construction Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Fourth Quarter Ending March 31, 2016