Yodogawa Steel Works, Ltd. Reports Consolidated and Un-Consolidated Earnings Results for the Year Ended March 31, 2018
May 10, 2018
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Yodogawa Steel Works, Ltd. reported consolidated and un-consolidated earnings results for the year ended March 31, 2018. For the year on consolidated basis, the company reported net sales of JPY 173,805 million against JPY 154,221 million a year ago. Operating profit was JPY 10,856 million against JPY 13,168 million a year ago. Ordinary profit was JPY 12,284 million against JPY 13,763 million a year ago. Profit before income taxes was JPY 12,087 million against JPY 12,800 million a year ago. Profit attributable to owners of parent was JPY 7,360 million or JPY 246.93 per diluted share against JPY 6,734 million or JPY 223.38 per diluted share a year ago. Return on equity was 5.0% against 4.8% a year ago. Net assets per share was JPY 5,112.17 against JPY 4,805.41 a year ago. Cash flows from operating activities was JPY 1,933 million against JPY 10,218 million a year ago. Purchase of property, plant and equipment was JPY 4,563 million against JPY 4,768 million a year ago. Purchase of intangible assets was JPY 162 million against JPY 298 million a year ago. Purchase of investment securities was JPY 3,605 million against JPY 3,307 million a year ago.
For the year on non-consolidated basis, the company reported net sales of JPY 106,357 million against JPY 97,043 million a year ago. Operating profit was JPY 7,801 million against JPY 7,986 million a year ago. Ordinary profit was JPY 10,352 million against JPY 8,798 million a year ago. Profit before income taxes was JPY 10,182 million against JPY 8,572 million a year ago. Profit was JPY 7,541 million or JPY 250.64 per diluted share against JPY 5,938 million or JPY 195.15 per diluted share a year ago. Net assets per share was JPY 4,686.83 against JPY 4,438.86 a year ago.
Yodogawa Steel Works, Ltd. is a Japan-based company principally engaged in the manufacture, processing and sale of iron and steel products. The Company operates in four business segments. The Steel Sheets-related segment manufactures and sells coated steel sheets, galvanized steel sheets and cold-rolled steel products. The Roll segment is engaged in the manufacture and sale of steel rolls, non-ferrous rolls, etc. The Grating segment is engaged in the manufacture and sale of gratings. The Real Estate segment is engaged in the leasing and sale of real estate. Other businesses include sale of mechanical plants, power distribution projects by solar power generation, etc.