Chugai Mining Co., Ltd. Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, 2015; Provides Consolidated Earnings Guidance for the Six Months of 2015 and Year Ending March 31, 2016
May 14, 2015
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Chugai Mining Co., Ltd. announced consolidated and non-consolidated financial results for the year ended March 31, 2015. For the year, the company reported on consolidated basis revenue of ¥20,814 million against ¥14,578 million a year ago. Operating loss was ¥244 million against operating profit of ¥468 million a year ago. Recurring loss was ¥350 million against recurring profit of ¥415 million a year ago. Net loss was ¥466 million or ¥0.61 per share against ¥180 million or ¥0.62 per share a year ago. Cash used in business activities was ¥330 million against ¥1,151 million a year ago.
For the year, the company reported on non-consolidated basis revenue of ¥18,809 million against ¥11,524 million a year ago. Operating loss was ¥470 million against ¥514 million a year ago. Recurring loss was ¥533 million against ¥499 million a year ago. Net loss was ¥541 million or ¥1.87 per share against ¥564 million or ¥1.95 per share a year ago.
For the six months of 2015, the company expects consolidated revenue of ¥15,900 million, operating profit of ¥170 million, current profit of ¥140 million and current net profit of ¥50 million or ¥0.17 per share.
For the year ending March 31, 2016, the company expects consolidated revenue of ¥32,700 million, operating profit of ¥400 million, current profit of ¥330 million and current net profit of ¥160 million or ¥0.55 per share.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.
Chugai Mining Co., Ltd. Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, 2015; Provides Consolidated Earnings Guidance for the Six Months of 2015 and Year Ending March 31, 2016