Shibaura Electronics Co. Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
February 05, 2017
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Shibaura Electronics Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥16,443 million against ¥15,908 million a year ago. Operating income was ¥1,801 million against ¥1,297 million a year ago. Ordinary income was ¥1,780 million against ¥1,328 million a year ago. Net income attributable to owners of parent was ¥1,235 million or ¥159.44 per basic share against ¥891 million or ¥114.67 per basic share a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2017. The company expects net sales of ¥22,400 million, operating income of ¥2,300 million, ordinary income of ¥2,300 million and net income attributable to owners of parent of ¥1,600 million or ¥206.57 per basic share.
SHIBAURA ELECTRONICS CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of semiconductor components and various products, such as temperature sensors, humidity sensors, hygrometers, temperature controllers, temperature recorders, anemometers, humidity measurement devices. The Company operates in four regional segments including Japan, Asia, Europe and the United States. The Company is mainly engaged in the procurement and supply of materials, the research, development and manufacture of prototype advanced applied products, as well as the manufacture and sale of thermistor temperature and humidity sensors, thermistor elements, measurement control equipment.
Shibaura Electronics Co. Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
SHIBAURA ELECTRONICS CO.,LTD. 
