Juki Corp. Reports Consolidated Earnings Results for the Three Months Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2017 and Year Ending December 31, 2017
May 01, 2017
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Juki Corp. reported consolidated earnings results for the three months ended March 31, 2017. For the quarter, the company reported consolidated net sales of JPY 23,717 million against JPY 25,910 million a year ago. Operating income was JPY 2,138 million against JPY 1,455 million a year ago. Ordinary profit was JPY 2,241 million against JPY 831 million a year ago. Profit attributable to owners of the parent was JPY 1,527 million against JPY 650 million a year ago. Basic earnings per share were JPY 52.13 against 21.88 per share a year ago. Profit before income taxes was JPY 2,254 million against JPY 827 million a year ago.
For the six months ending June 30, 2017, the company expects consolidated net sales to be JPY 48,000 million, operating income to be JPY 3,000 million, ordinary profit to be JPY 2,800 million and profit attributable to owners of the parent to be JPY 1,800 or JPY 61.44 basic earnings per share.
For the year ending December 31, 2017, the company expects consolidated net sales to be JPY 101,000 million, operating income to be JPY 4,800 million, ordinary profit to be JPY 3,700 million and profit attributable to owners of the parent to be JPY 2,200 or JPY 75.09 basic earnings per share.
JUKI CORPORATION is a Japan-based company primarily engaged in the manufacture and sale of sewing machines and industrial equipment. The Company has two business segments. The Sewing Machine and System segment is engaged in the manufacture and sale of industrial sewing machines, household sewing machines and related parts. The Industrial Equipment and System segment is engaged in the manufacture and sale of industrial equipment, including mounters, inspection machines and printing machines, group business, including contract processed products and parts, as well as customer business, including parts and services of sewing machines and industrial equipment. The Company also conducts real estate management business and others.
Juki Corp. Reports Consolidated Earnings Results for the Three Months Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2017 and Year Ending December 31, 2017
JUKI CORPORATION 
