Sanken Electric Co. Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year Ending March 31, 2015; Announces Second Quarter Dividend for the Six Months Ended September 30, 2014; Provides Dividend Guidance for the Year Ending March 31, 2015
November 05, 2014
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Sanken Electric Co. Ltd. announced consolidated earnings results for the six months ended September 30, 2014. For the period, net sales were JPY 77,408 million against JPY 68,631 million a year ago. Operating income was JPY 5,171 million against JPY 2,729 million a year ago. Ordinary income was JPY 4,962 million against JPY 2,228 million a year ago. Net income was JPY 3,474 million against JPY 2,936 million a year ago. Net income per share was JPY 28.65 against JPY 24.21 a year ago. Net cash provided by operating activities was JPY 7,319 million against JPY 2,190 million a year ago. Purchase of property, plant and equipment was JPY 6,154 million against JPY 4,979 million a year ago. Purchase of intangible assets was JPY 665 million against JPY 343 million a year ago. Income before income taxes and minority interests was JPY 5,369 million compared to JPY 2,212 million for the last year.
For the full year ending March 31, 2015, the company expects net sales of JPY 160,000 million, operating income of JPY 12,000 million, ordinary income of JPY 10,600 million, net income of JPY 7,900 million and net income per share of JPY 65.13.
The company announced second quarter end dividend of JPY 3 per share for the six months ended September 30, 2014 compared to JPY 3 per share a year ago.
The company announced year end dividend guidance of JPY 3 per share and annual dividend guidance of JPY 6 per share compared to year end dividend guidance of JPY 3 per share and annual dividend guidance of JPY 6 per share a year ago.
Sanken Electric Co Ltd is a Japan-based semiconductor manufacturing company. The Company operates in two business segments. The Semiconductor Device segment is engaged in the manufacture and sale of semiconductor devices, such as power modules, power integrated circuits (IC), control ICs, hall sensors, transistors, diodes, light-emitting diodes (LED), LED lighting products. The Power System segment is involved in the manufacture and sale of uninterruptible power supply (UPS) products, general purpose inverters, direct current power supply units, high intensity air fault lamps, power storage systems, power conditioners, switching power supply products and transformers.
Sanken Electric Co. Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year Ending March 31, 2015; Announces Second Quarter Dividend for the Six Months Ended September 30, 2014; Provides Dividend Guidance for the Year Ending March 31, 2015