Aisan Industry Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for Fiscal Year Ending March 31, 2018
April 26, 2017
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Aisan Industry Co. Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the period, on consolidated basis, the company reported net sales of ¥203,769 million, operating income of ¥8,159 million, ordinary income of ¥7,407 million and net income attributable to company was ¥4,505 million or ¥71.88 per share compared to net sales of ¥215,360 million, operating income of ¥9,854 million, ordinary income of ¥9,349 million and net income of ¥6,208 million or ¥99.24 per share reported in the same period last year. Capital expenditures were ¥12,738 million compared with ¥15,884 million for the same period last year.
For the period, on non-consolidated basis, the company reported net sales of ¥90,824 million, operating income of ¥53 million, ordinary income of ¥3,243 million and profit of ¥2,934 million or ¥46.82 per share compared to net sales of ¥100,375 million, operating income of ¥2,482 million, ordinary income of ¥4,536 million and profit of ¥3,332 million or ¥53.27 per share reported in the same period last year. Capital expenditures were ¥5,977 million compared with ¥7,493 million for the same period last year.
The company provided earnings guidance for fiscal year ending March 31, 2018. For the period, the company expected net sales of ¥205,000 million, operating income of ¥8,800 million, ordinary income of ¥8,800 million and net income attributable to company of ¥5,600 million or ¥89.32 per share. Capital expenditures to be ¥13,000 million.
AISAN INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates through four geographical segments including Japan, Asia, the Americas and Europe. The automotive parts business mainly manufactures and sells automotive parts such as fuel pump modules, throttle bodies, and canisters to domestic and overseas automakers. The non-automobile parts business is engaged in the transportation business of automobiles, civil engineering, and development and sales of computer systems and programs. The Companyâs main products include fuel pumps, fuel pump modules, canisters for motorcycles, engine valves, titanium engine valves for motorcycles and others.
Aisan Industry Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for Fiscal Year Ending March 31, 2018