Yamazen Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
November 12, 2019
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Yamazen Corporation announced consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported Net Sales were ¥242,862 million against ¥262,263 million a year ago. Operating profit was ¥6,290 million against ¥8,531 million a year ago. Ordinary profit was ¥6,209 million against ¥8,555 million a year ago. Profit was ¥4,057 million against ¥5,714 million a year ago. Earnings per share was ¥42.69 against ¥60.29 a year ago.
The company also Provided earnings guidance for the full year ending March 31, 2020. The company reported net sales of ¥500,000 million. Operating profit of ¥14,000 million. Ordinary profit of ¥14,000 million. Profit attributable to owners of parent of ¥9,500 million. Earnings per share of ¥100.47.
YAMAZEN CORPORATION is a Japan-based company engaged in the sale of production goods, home building materials and household equipment products. The Company operates in three business segments. The Production Goods segment provides the machinery business and kiko business. The machinery business is engaged in the sale, import and export of machine tools, forging and sheet metal machines, machine tool peripherals. The kiko business is engaged in the sale, import and export of materials handling, mechatronics, environmental improvement equipment, cutting tools, steel processing machinery, air conditioning equipment. The Housing segment is engaged in the sale of kitchen appliances, cooking appliances, bathroom appliances, wash basins. The Household Equipment segment is engaged in the plan, development and sale of home appliances, interior goods, leisure and sports goods, pet supplies, gardening goods. The Company also provides event planning, travel mediation, storage business.
Yamazen Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020