Sanshin Electronics Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Announces Consolidated Earnings Guidance for Full Year Ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020
February 04, 2020
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Sanshin Electronics Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 96,362 million against JPY115,139 million for the same period last year. Operating profit was JPY 1,408 million against JPY 1,263 million for the same period last year. Ordinary profit was JPY 1,270 million against JPY 1,101 million for the same period last year. Net Profit was JPY 857 million against JPY 757 million for the same period last year. Net profit per share was JPY 44.81 against JPY 33.65 for the same period last year.
For full year ending March 31, 2020, the company expects Net sales of JPY 124,000 million, Operating profit of JPY 2,150 million, Ordinary profit of JPY 1,900 million, Net Profit attributable to shareholders of parent company of JPY 1,500 million and Net profit per share of JPY 78.21.
The company provided dividend guidance for the fiscal year ending March 31, 2020. For the period, the company expects to pay dividend of JPY 55.00 per share against JPY 55.00 per share paid a year ago.
SANSHIN ELECTRONICS CO., LTD. is a Japan-based company mainly engaged in the sales of electronic devices and the providing of information technology (IT) solutions. The Company mainly operates in two segments. The Device segment is engaged in the sales of semiconductors and electronic components to electronics manufacturers, besides, it also provides technical support such as software development and module development. The Solution segment is engaged in information and telecommunications network business which provides infrastructure design, construction, operation and maintenance services to private enterprises, government agencies and municipalities.
Sanshin Electronics Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Announces Consolidated Earnings Guidance for Full Year Ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020