Y.A.C. Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended on June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ended March 31, 2020
August 14, 2019
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Y.A.C. Holdings Co., Ltd. reported consolidated earnings results for the First quarter ended on June 30, 2019. For the quarter, the company reported Net Sales were ¥5,351 million compared to ¥5,304 million a year ago. Net loss was ¥461 million or ¥50.92 loss per basic share compared to ¥27 million or ¥3.61 loss per basic share a year ago. Operating loss was ¥378 million compared to income of ¥51 million a year ago.
The company provided earnings guidance for the fiscal year ended March 31, 2020. For the year, The company expects net sales of ¥36,000 million. Operating income expected to be ¥2,000 million. Net income attributable to owners of parent of ¥1,200 million or ¥133.14 per share.
Y.A.C. HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the development, design, manufacture, sale and maintenance of display related products, mechatronics related products and cleaning related products. The Company operates in three business segments. The Display Related segment is engaged in the manufacture and sale of liquid crystal related products and precision heat treatment related products, as well as the provision of related services. The Mechatronics Related segment is engaged in the manufacture and sale of hard disk products, semiconductor products, energy saving and clean energy products, solar cell products, industrial instrument products, control communication products, laser process products, precision cutting products and other products, as well as the provision of related services. The Cleaning Related and Other segment is engaged in the manufacture and sale of cleaning products and mold heating products, as well as the provision of related services.
Y.A.C. Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended on June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ended March 31, 2020