Daikoku Denki Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Dividend and Earnings Guidance for the Full Year Ending March 31, 2020
February 12, 2020
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Daikoku Denki Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 27,101 million against JPY 24,795 million a year ago. Operating income was JPY 1,811 million against JPY 1,841 million a year ago. Net income attributable to equities of parent was JPY 1,277 million or JPY 86.43 per share against JPY 1,342 million or JPY 90.80 per share a year ago.
The company provided dividend guidance for the full year ending March 31, 2020. For the year, the company expects to pay a final dividend of JPY 30.00 per share.
The company provided earnings guidance for the full year ending March 31, 2020. For the year, the company expects to report net sales of JPY 34,000 million, operating income of JPY 1,200 million and net income attributable to owners of the parent was JPY 800 million or JPY 54.12 per share.
DAIKOKU DENKI CO., LTD. is a Japan-based company primarily engaged in the development, manufacturing and sales of computer systems targeting at pachinko (Japanese pinball) halls and components. The Company operates in two business segments. The Information Systems segment is engaged in the development, manufacturing and sales of computer systems for pachinko parlor, prize customer management system, and information disclosure system. The Control Systems segment is engaged in the development, manufacturing, and sales of display units and control units for pachinko machine machines; planning, development, manufacturing and sales of pachi-slot machines, as well as sales of parts used for game machines.
Daikoku Denki Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Dividend and Earnings Guidance for the Full Year Ending March 31, 2020