Alps Electric Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended July 2012; Provides Earnings Guidance for the Second Quarter of Fiscal Year 2012
July 30, 2012
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Alps Electric Co. Ltd. announced consolidated earnings results for the first quarter ended July 2012. For the quarter, the company reported net sales of JPY 133,100 million against JPY 121,900 million a year ago. Operating income was JPY 400 million against JPY 2,200 million a year ago. Ordinary income was JPY 300 million against JPY 1,600 million a year ago. Net income was JPY 2,400 million against JPY 1,600 million a year ago. Capital expenditures were JPY 10,000 million against JPY 7,600 million a year ago.
The company provided earnings guidance for the second quarter of fiscal year 2012. For the quarter, the company reported net sales of JPY 274,500 million, operating income of JPY 7,500 million, ordinary income of JPY 6,000 million, net income of JPY 3,000 million and capital expenditure of JPY 16,800 million.
Alps Alpine Co., Ltd. specializes in the production and marketing of electromechanical components. Net sales break down by family of products and services as follows:
- electronic components (52.4%): mobile phones, household items and industrial equipment components (switches, connectors, encoders, captors, etc.);
- audio and communication equipment for automotive (37.8%);
- logistics services (8.2%);
- other (1.6%).
Net sales are distributed geographically as follows: Japan (19%), China (19.2%), Americas (16.5%), Germany (10.7%), and other (34.6%).
Alps Electric Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended July 2012; Provides Earnings Guidance for the Second Quarter of Fiscal Year 2012
ALPS ALPINE CO., LTD 
