Shibaura Electronics Co. Ltd. Announces Consolidated Financial Results for the Six Months Ended Sep. 30, 2016; Provides Financial and Dividend Guidance for the Year Ending Mar. 31, 2017
November 06, 2016
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Shibaura Electronics Co. Ltd. announced consolidated financial results for the six months ended Sep. 30, 2016. For the six months, the company reported operating income of ¥1,076 million and net income attributable to owners of parent of ¥688 million or ¥88.7 per basic share on net sales of ¥11,050 million against operating income of ¥817 million and net income attributable to owners of parent of ¥594 million or ¥76.44 per basic share on net sales of ¥10,565 million for the same period of last year. Income before income taxes was ¥997.926 million against ¥847.717 million for the same period of last year. Net cash provided by operating activities was ¥940.732 million against ¥967.915 million for the same period of last year. Purchase of intangible assets was ¥23.216 million against ¥51.948 million for the same period of last year.
For the year ending Mar. 31, 2017, the company expects, operating income of ¥2,000 million and net income attributable to owners of parent of ¥1,500 million or ¥193.23 per basic share on net sales of ¥22,400 million.
For the year ending Mar. 31, 2017, the company expects to pay an year end dividend of ¥55 per 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 Financial Results for the Six Months Ended Sep. 30, 2016; Provides Financial and Dividend Guidance for the Year Ending Mar. 31, 2017