Ushio Inc. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
October 29, 2015
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Ushio Inc. announced consolidated earnings results for the six months ended September 30, 2015. For the six months, the company reported net sales of ¥88,616 million against ¥74,361 million a year ago. Operating income was ¥6,540 million against ¥4,009 million a year ago. Income before income taxes and minority interests was ¥9,168 million against ¥5,971 million a year ago. Profit attributable to owners of parent was ¥5,466 million or ¥34.48 per share against ¥4,492 million or ¥34.48 per share a year ago. Net cash provided by operating activities was ¥5,898 million against ¥3,218 million a year ago. Purchase of property, plant and equipment was ¥2,982 million against ¥1,621 million a year ago. Purchase of intangible assets was ¥130 million against ¥169 million a year ago.
The company provided earnings guidance for the fiscal year ending March 31, 2016. For the year, the company expects net sales of ¥180,000 million, operating income of ¥13,000 million and profit attributable to owners of parent of ¥12,000 million or ¥92.71 per share.
USHIO INC. is a company primarily engaged in the manufacture and sale of light source products, equipment and industrial equipment. The Company operates in two business segments. The Light Source segment manufactures and sells halogen lamps, xenon lamps, high-pressure ultraviolet (UV) lamps and excimer lamps. The Equipment segment manufactures and sells projectors for movie theaters and related equipment, ultraviolet curable equipment, various lighting equipment, excimer-related equipment. The Company is also involved in the manufacture and sale of injection molding machines, food packaging machines and audio equipment, the holding and management of subsidiaries, as well as the agency of insurance.
Ushio Inc. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016