Tomoe Engineering Co., Ltd. Announces Consolidated Earnings Results for the Year Ended October 31, 2012; Declares Dividend Year Ended Fiscal Year Ended October 31, 2012; Proposes Dividend Guidance for the Year Ending October 31, 2013; Proposes Earnings Guidance for the Six Months and Year Ending October 31, 2013
December 11, 2012
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Tomoe Engineering Co., Ltd. reported consolidated earnings results for the year ended October 31, 2012. For the year, the company has posted net sales of ¥41,575 million against ¥2,447 million a year ago. Operating income was ¥2,447 million against ¥2,421 million a year ago. Ordinary income was ¥2,605 million against ¥2,595 million a year ago. Net income was ¥1,616 million or ¥161.98 per share against ¥2,915 million or ¥292.17 per share a year ago. Income before minority interest was ¥1,079,692,000 against ¥1,319,223,000 a year ago. Net cash provided by operating activities was ¥1,005 million against ¥1,874 million a year ago. Purchase of property, plant and equipment was ¥274,255,000 against ¥205,839,000 a year ago. Purchase of intangible assets was ¥88,108,000 against ¥5,818,000 a year ago.
The company declared a dividend of ¥40 per share for the year ended fiscal year ended October 31, 2012.
The company has proposed a dividend of ¥40.00 per share for the year ending October 31, 2013.
For the six months ending October 31, 2013, the company expects net sales of ¥22,040 million and operating income of ¥1,420 million. The company also expects net income of ¥800 million or ¥80 per share and ordinary income of ¥1,420 million.
For the year ending October 31, 2013, the company expects net sales of ¥44,300 million and operating income of ¥2,770 million. The company also expects net income of ¥1,620 million or ¥162 per share and ordinary income of ¥2,800 million.
TOMOE ENGINEERING CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of centrifuge decanters, and the purchase and sale of chemical industrial products. The Company has two business segments. The Machinery Manufacture and Sale segment is engaged in the manufacture and sale of centrifuge decanters for water treatment, food, feed, medicine, chemistry, recycling, energy, steelmaking, biotechnology and construction fields, the processing and sale of components, as well as the provision of related after services. The Chemical Industrial Products Sale segment is engaged in the purchase and sale of chemical industrial products such as synthetic resins, industrial materials, mineral products, chemical products, functional materials and electronic materials, the coloration processing and compound processing of synthetic resin materials, as well as the sale of imported liqueur products. The Company is also engaged in the delivery and inventory management of products.
Tomoe Engineering Co., Ltd. Announces Consolidated Earnings Results for the Year Ended October 31, 2012; Declares Dividend Year Ended Fiscal Year Ended October 31, 2012; Proposes Dividend Guidance for the Year Ending October 31, 2013; Proposes Earnings Guidance for the Six Months and Year Ending October 31, 2013
TOMOE ENGINEERING CO., LTD. 