The Lead Co., Inc. Reports Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020
May 13, 2019
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The Lead Co., Inc. reported earnings results for the year ended March 31, 2019. For the year, the company reported net sales of JPY 5,841 million compared to JPY 5,178 million a year ago. Operating loss was JPY 64 million compared to JPY 189 million a year ago. Net income was JPY 100 million compared to loss of JPY 175 million a year ago. Net income per share was JPY 39.02 compared to loss per share of JPY 66.96 a year ago.
For the six months ending September 30, 2019, the company expects net sales of JPY 3,040 million, operating loss of JPY 40 million and net loss of JPY 30 million or JPY 11.66 per share.
For the year ending March 31, 2020, the company expects net sales of JPY 6,280 million, operating income of JPY 20 million and net income of JPY 35 million or JPY 13.60 per share.
The Lead Co., Inc. is a Japan-based company mainly engaged in the manufacture and sale of outdoor lighting equipment, cabinets and automobile parts, such as sheet metal, painting and resin molding products. The Company operates in three segments. The Automobile Parts segment provides bumpers, spoilers, hand brake lever systems and others. The In-house Products segment provides information communications racks, general-purpose electronic equipment cases, chassis, solar lights and light-emitting diode (LED) lighting, among others. The Real Estate Leasing segment is engaged in the leasing of stores.
The Lead Co., Inc. Reports Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020