Fuji Electric Industry Co. Ltd. Reports Non-Consolidated Earnings Results for the Nine Months Ended October 31, 2016; Provides Earnings Guidance for the Year Ending January 31, 2017
December 30, 2016
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Fuji Electric Industry Co. Ltd. reported non-consolidated earnings results for the nine months ended October 31, 2016. For the period, the company reported net sales of JPY 2,806 million compared to JPY 2,922 million a year ago. Operating income was JPY 322 million compared to JPY 440 million a year ago. Ordinary income was JPY 336 million compared to JPY 459 million a year ago. Net income was JPY 225 million or JPY 37.04 per diluted share compared to JPY 280 million or JPY 44.48 per diluted share a year ago. Income before income taxes was JPY 336.635 million compared to JPY 439.942 million a year ago.
For the year ending January 31, 2017, the company expects net sales of JPY 4,050, operating income of JPY 430 million, ordinary income of JPY 450 million, and net income of JPY 277 million or JPY 45.78 per share.
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. Reports Non-Consolidated Earnings Results for the Nine Months Ended October 31, 2016; Provides Earnings Guidance for the Year Ending January 31, 2017
FUJI ELECTRIC INDUSTRY CO., LTD. 
