Fuji Electric Industry Co. Ltd. Announces Earnings Results for the Year Ended January 31, 2019; Provides Earnings Guidance for the Interim Period and Fiscal Year Ending January 31, 2020; Provides Dividend Guidance for the Interim Period and Fiscal Year Ending January 31, 2020
March 06, 2019
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Fuji Electric Industry Co. Ltd. announced earnings results for the year ended January 31, 2019. For the year, the company reported net sales of JPY 3,909 million compared to JPY 3,899 million a year ago. Operating income was JPY 376 million compared to JPY 290 million a year ago. Net income was JPY 277 million compared to JPY 242 million a year ago. Basic net income per share was JPY 46.94 compared to JPY 41.18 a year ago. Diluted net income per share was JPY 46.74 compared to JPY 41.01 a year ago.
The company provided earnings guidance for the interim period and fiscal year ending January 31, 2020. For the interim period, the company expects net sales of JPY 2,085 million, operating income of JPY 134 million, net income of JPY 98 million or JPY 16.76 per share.
For the year ending January 31, 2020, the company expects net sales of JPY 4,300 million, operating income of JPY 405 million and net income of JPY 265 million or JPY 45.01 per share.
The company announced year-end dividend of JPY 16 per share compared to JPY 16 per share paid a year ago.
The company provided dividend guidance for the interim period and fiscal year ending January 31, 2020. For the interim period, the company expects dividend of JPY 16 per share compared to JPY 16 per share paid a year ago.
For the year ending January 31, 2020, the company expects year-end dividend of JPY 16 per share compared to JPY 16 per share paid a year ago.
Fuji Electric Industry Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of control switches, connecting devices, electronic devices, pilot lamps and indicators. The control switches include cam-operated switches, auxiliary switches, railway car use switches, pushbutton switches, conductor switches, drum switches and block type terminal blocks, among others. The connecting devices include terminal blocks, high voltage terminal blocks, disconnecting terminal blocks, capacitor built-in terminal blocks, connectors, connector terminal blocks, test terminals and high current contacts. The pilot lamps and indicators include light emitting diode (LED) indicators, multi-window indicators, electromagnetic indicators, flag drop type fault indicators, and indicator lights for railway vehicles. The electronic devices include annunciator relay products, voltage relay products, interface units, telephone relay products and others.
Fuji Electric Industry Co. Ltd. Announces Earnings Results for the Year Ended January 31, 2019; Provides Earnings Guidance for the Interim Period and Fiscal Year Ending January 31, 2020; Provides Dividend Guidance for the Interim Period and Fiscal Year Ending January 31, 2020
FUJI ELECTRIC INDUSTRY CO., LTD. 
