Kyosha Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Six Months Ending September 2014 and Full Year Ending March 31, 2015; Provides Year End Dividend Guidance for the Year Ending March 31, 2015
July 31, 2014 at 12:36 pm EDT
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Kyosha Co., Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported Net Sales were ¥4,165 million, operating income of ¥253 million, ordinary income of ¥248 million and net income of ¥191 million compared to Net Sales were ¥3,767 million, operating income of ¥113 million, ordinary income of ¥151 million and net income of ¥117 million for the same period a year ago. Net income per share was ¥13.33 compared to ¥8.23 for the same period a year ago.
The company provided earnings guidance for the six months ending September 2014 and full year ending March 31, 2015. For the six months, the company expected net sales of ¥8,400 million, operating income of ¥450,000 million, ordinary income of ¥440,000 million and net income of ¥330,000 million or ¥23.02 per share.
For the full year of fiscal 2015, the company expected net sales of ¥17,000 million, operating income of ¥900,000 million, ordinary income of ¥880,000 million and net income of ¥650,000 million or ¥45.35 per share.
The company also provided year end dividend guidance for the year ending March 31, 2015. For the year end period, the company expected to pay a dividend of ¥5.00 per share compared to ¥5.00 per share paid for the same period a year ago.
KYOSHA CO., LTD. is mainly engaged in the manufacture and sale of printed wiring boards (PWBs) and PWB-related electronic components. The Company operates in three business segments. The Japan segment provides PWBs, molds, circuit design, implementation products and other products. The China segment provides PWBs, molds, circuit design and others. The Indonesia segment provides PWBs, molds, circuit design and others.
Kyosha Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Six Months Ending September 2014 and Full Year Ending March 31, 2015; Provides Year End Dividend Guidance for the Year Ending March 31, 2015