Furuya Metal Co., Ltd. Reports Nonconsolidated Earnings Results for the Nine Months Ended March 30, 2014; Provides Dividend Guidance for the Year Ending June 30, 2014; Provides Earnings Guidance for the Year Ending June 30, 2014
May 08, 2014
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Furuya Metal Co., Ltd. reported nonconsolidated earnings results for the nine months ended March 30, 2014. For the period, the company reported net sales of JPY 21,320 million against JPY 21,275 million a year ago. Operating income was JPY 892 million against JPY 1,055 million a year ago. Ordinary income was JPY 919 million against JPY 1,061 million a year ago. Net loss was JPY 3,116 million or JPY 435.42 per share against net income of JPY 658 million or JPY 91.37 per share a year ago. Loss before income taxes was JPY 5,561 million against income before income taxes of JPY 1,057 million a year ago.
For the year ending June 30, 2014, the company expects dividend of JPY 40 per share.
For the year ending June 30, 2014, the company expects net sales of JPY 25,000 million, operating income of JPY 1,500 million, ordinary income of JPY 1,400 million and net loss of JPY 2,800 million or JPY 391.26 per share.
FURUYA METAL CO.,LTD is a Japan-based company engaged in manufacturing and sales of industrial precious metal products. The Company operates in four business segments. The Electronic segment is engaged in manufacturing and sales of electronic components used in electronic products. The Thin Film segment is engaged in manufacturing and sales of precious metal targets used for thin film. The Sensor Segment is engaged in manufacturing and sales of temperature sensor used for semiconductor equipment. The Other business segment is engaged in manufacturing and sales of precious metal compound, as well as collection and purification of precious metal.
Furuya Metal Co., Ltd. Reports Nonconsolidated Earnings Results for the Nine Months Ended March 30, 2014; Provides Dividend Guidance for the Year Ending June 30, 2014; Provides Earnings Guidance for the Year Ending June 30, 2014