Anritsu Corp. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014; Revises Consolidated Earnings Guidance for the Year Ending March 31, 2015; Provides Dividend Guidance for the Year Ending March 31, 2015
January 29, 2015 at 03:00 pm
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Anritsu Corp. revised consolidated earnings guidance for the year ending March 31, 2015. For the period, the company expects revenue of JPY 100,500 million compared to previous guidance of JPY 104,500 million. Operating profit expected to be of JPY 11,100 million compared to previous guidance of JPY 14,100 million. Profit before tax expected to be of JPY 11,600 million compared to previous guidance of JPY 14,200 million. Profit expected to be of JPY 7,500 million compared to previous guidance of JPY 9,500 million. Profit attributable to owners of parent expected to be of JPY 7,500 million compared to previous guidance of JPY 9,500 million. Basic earnings per share expected to be of JPY 52.79 compared to previous guidance of JPY 66.29. The company expects cash flow from operating activities of JPY 9,000 million, free cash flow of JPY 3,000 million, and capital expenditures of JPY 7,000 million. The company expects depreciation of JPY 3,000 million.
The company reported consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the nine months, the company reported revenue of JPY 71,844 million compared to JPY 71,108 million a year ago. Operating profit was JPY 7,280 million compared to JPY 8,888 million a year ago. Profit before tax was JPY 8,003 million compared to JPY 9,292 million a year ago. Profit was JPY 5,567 million compared to JPY 6,066 million a year ago. Profit attributable to owners of parent was JPY 5,553 million compared to JPY 6,060 million a year ago. Diluted earnings per share were JPY 39.08 compared to JPY 42.26 a year ago. Cash flows from operating activities were JPY 5,569 million compared to JPY 10,208 million a year ago. Purchase of property, plant and equipment was JPY 3,934 million against JPY 2,793 million a year ago.
For the third quarter, the company reported revenue of JPY 23,839 million compared to JPY 23,055 million a year ago. Operating profit was JPY 2,655 million compared to JPY 2,562 million a year ago. Profit before tax was JPY 2,992 million compared to JPY 2,725 million a year ago. Profit attributable to owners of parent was JPY 2,074 million compared to JPY 1,778 million a year ago. Diluted earnings per share were JPY 14.79 compared to JPY 12.40 a year ago. Cash flows from operating activities was negative at JPY 1,118 million compared to cash flows from operating activities of JPY 2,411 million a year ago.
The company provided dividend guidance for the year ending March 31, 2015. For the period, the company provided year-end dividend guidance of JPY 12.00 per share compared to JPY 10.00 per share a year ago. Thus the total dividend would amount to JPY 24.00 per share against JPY 20.00 per share for the same period in the last year.
ANRITSU CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of measurement equipment. The Company operates in two business segments. The Measurement Equipment segment is engaged in the provision of measurement equipment for digital communications and Internet protocol (IP) networks, optical communications and mobile communications, general-purpose measurement equipment for radio frequency (RF), microwave bands and millimeter wavebands, as well as service assurance. The Products, Quality and Assurance (PQA) segment is engaged in the provision of automated weight sorters, automated electronic measurement equipment, foreign substance detectors, as well as integrated quality management and control systems. The Company is also engaged in the provision of information communication, related devices, logistics and welfare services, the leasing of real estate, the manufacture of components, as well as the human resources (HR) and accounting related clerical business.
Anritsu Corp. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014; Revises Consolidated Earnings Guidance for the Year Ending March 31, 2015; Provides Dividend Guidance for the Year Ending March 31, 2015
ANRITSU CORPORATION 
