Azbil Corporation Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2025
May 12, 2024
Share
Azbil Corporation provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2025. For the first half, the company expects net sales of JPY 134,000 million, operating income of JPY 11,600 million, net income attributable to owners of parent of JPY 9,000 million and net income per share of JPY 17.07.
For the full year, the company expects net sales of JPY 300,000 million, operating income of JPY 37,500 million, net income attributable to owners of parent of JPY 28,000 million and net income per share of JPY 53.10. The Company has resolved, at the Board of Directors held on May 13, 2024, to implement a 4-for-1 common stock split effective on October 1, 2024. For "Net income per share" in the forecast of consolidated financial results, the impact of the stock split is considered. If the stock split were not taken into account, "Net income per share" would be JPY 68.27 for the first half and JPY 212.40 for the full year.
Azbil Corporation is engaged in the manufacture of automation equipment. It has three segments. The Building Automation (BA) segment offers network building automation systems, wide area management systems, actuators and control valves, as well as building and energy management, maintenance and consulting services. The Advanced Automation (AA) segment offers supervisory control systems, solution packages, controllers, combustion safety control equipment, etc. The Life Automation segment provides various gas meters, safety maintenance equipment, supply equipment, etc. The Company also conducts insurance agency business.