Tomoe Engineering Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended July 31, 2012; Provides Earnings Guidance for the Year Ending October 31, 2012; Proposes Dividend for the Year Ending October 31, 2012
September 04, 2012
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Tomoe Engineering Co., Ltd. reported consolidated earnings results for the third quarter ended July 31, 2012. For the quarter, the company has posted net sales of ¥30,670 million against ¥32,342 million a year ago. Operating income was ¥1,616 million against ¥2,144 million a year ago. Net income was ¥1,113 million or ¥111.58 per share against ¥1,327 million or ¥133.04 per share a year ago. Income before minority interest was ¥1,079,692,000 against ¥1,319,223,000 a year ago. Net cash from operating activities was ¥613,582,000 against net cash used in operating activities of ¥534,770,000 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 has proposed a dividend of ¥40.00 per share for the year ending October 31, 2012.
For the year ending October 31, 2012, the company expects net sales of ¥46,900 million and operating income of ¥2,500 million. The company also expects net income of ¥1,630 million or ¥163.35 per share.
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. Reports Consolidated Earnings Results for the Third Quarter Ended July 31, 2012; Provides Earnings Guidance for the Year Ending October 31, 2012; Proposes Dividend for the Year Ending October 31, 2012
TOMOE ENGINEERING CO., LTD. 
