Fuji Electric Industry Co., Ltd. Reports Non-Consolidated Earnings Results for the Six Months Ended July 31, 2019; Provides Earnings Guidance for the Year Ending January 31, 2020; Provides Dividend Guidance for the Year Ending January 31, 2020; Declares Dividend for the Second Quarter of 2020
September 02, 2019
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Fuji Electric Industry Co., Ltd. reported non-consolidated earnings results for the six months ended July 31, 2019. For the period, the company reported net sales of ¥1,903 million against ¥1,993 million a year ago. Operating income was ¥138 million against ¥210 million a year ago. Net income was ¥119 million against ¥150 million a year ago. Net income per share- basic was ¥20.21 against ¥25.47 a year ago. Net income per share- diluted was ¥20.13 against ¥25.37 a year ago.
For the year ending January 31, 2020, the company expects net sales of ¥4,300 million, operating income of ¥405 million, net income of ¥265 million or ¥45.01 per share.
For the year ending January 31, 2020, the company expects to pay dividend of ¥16.00 per share.
The company declared dividend of ¥16.00 per share for the second quarter of 2020.
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 Six Months Ended July 31, 2019; Provides Earnings Guidance for the Year Ending January 31, 2020; Provides Dividend Guidance for the Year Ending January 31, 2020; Declares Dividend for the Second Quarter of 2020
FUJI ELECTRIC INDUSTRY CO., LTD. 
