Exedy Corp. Provides Year End Dividend Guidance for the Year Ending March 2015; Announces Consolidated Earnings Results for the Quarter Ended December 2014; Provides Earnings Guidance for the Fourth Quarter Ending March 2015
The company announced consolidated earnings results for the quarter ended December 2014. For the quarter, the company reported net sales of ¥189,165 million, operating income of ¥13,823 million, ordinary income of ¥15,861 million, net income of ¥7,893 million or ¥164.41 per share compared to net sales of ¥172,077 million, operating income of ¥15,160 million, net income of ¥16,839 million or ¥208.47 per share a year ago.
For the fourth quarter ending March 2015, the company expects net sales of ¥255,000 million, operating income of ¥17,500 million, ordinary income of ¥19,000 million, net income of ¥9,500 million or ¥197.88 per share.