Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016; Provides Dividend Guidance for the Year Ending March 31, 2016
November 05, 2015
Share
Iriso Electronics Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2015. Net sales were ¥19,478 million against ¥18,144 million last year. Operating income was ¥3,156 million against ¥3,415 million last year. Ordinary income was ¥3,319 million against ¥3,433 million last year. Net income was ¥2,343 million against ¥2,585 million last year. Net income per share was ¥204.76 against ¥225.89 last year. Income before income taxes and minority interests was ¥3,290 million against ¥3,352 million last year. Net cash provided by operating activities was ¥4,537 million against ¥3,598 million last year. Purchase of property, plant and equipment was ¥2,719 million against ¥1,707 million last year. Purchase of intangible assets was ¥0.00 million against ¥31 million last year.
For the fiscal year ending March 31, 2016, the company expects year-end dividend of ¥60 per share.
For the year ending March 31, 2016, on consolidated basis, the company expects net sales of ¥40,000 million, operating income of ¥7,200 million, ordinary income of ¥7,200 million, net income of ¥5,200 million or ¥454.32 per share.
IRISO ELECTRONICS CO., LTD. is a Japan-based company that mainly manufactures and sells multiple-pole connectors. The Company is engaged in the development, manufacture and sale of board-to-board connectors for printed circuit board connection, flexible printed circuit (FPC) boards and flexible flat cable (FFC) cable connection for automotive equipment, digital equipment and industrial equipment, as well as other multi-pole connectors such as FPC and FFC connectors and interface connectors for signal connection between devices.
Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016; Provides Dividend Guidance for the Year Ending March 31, 2016