HIRANO TECSEED Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
February 08, 2018
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HIRANO TECSEED Co. Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the group reported net sales of ¥17,494 million compared to ¥11,501 million a year ago. Operating income was ¥2,478 million compared to ¥1,441 million a year ago. Ordinary income was ¥2,542 million compared to ¥1,487 million a year ago. Net income attributable to owners of parent was ¥1,782 million or ¥118.50 per basic share compared to ¥1,184 million or ¥78.71 per basic share a year ago. Profit before income taxes was ¥2,542,185,000 compared to ¥1,495,220,000 a year ago.
For the fiscal year ending March 31, 2018, the company reported year-end dividend forecast of ¥17.00 per share compared to ¥16.00 per share declared last year.
For the year ending March 31, 2018, the company expected to report net sales of ¥21,000 million, operating income of ¥2,950 million, ordinary income of ¥3,000 million and net income attributable to owners of parent of ¥2,100 million or ¥139.59 per basic share.
HIRANO TECSEED Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of coating machines-related and chemical machines-related equipment, among others. The Coating Machines-related segment manufactures and sells coating and laminating-related machines such as magnetic tapes, composite films for wrapping, adhesive tapes, synthetic leathers, floor materials, wallpaper, decorative sheets, insulating plates, as well as drying and heat disposal machines, among others. The Chemical Machines-related segment manufactures and sells macromolecular chemical machines such as machines for plastic films, film formations, electrical printed circuit boards (PCBs) and ceramic sheet moldings, high-heat processing equipment, drying and heat disposal machines and others. The Others segment manufactures and sells dyeing machines and various machinery parts, as well as provides repair and remodeling services.
HIRANO TECSEED Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018