Maruwa Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Full Year Ending March 31, 2020
April 26, 2019 at 10:38 am
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Maruwa Co., Ltd. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported net sales of JPY 41,193,338,000 compared to JPY 38,513,051,000 a year ago. Operating profit was JPY 9,556,071,000 compared to JPY 9,174,047,000 a year ago. Profit was JPY 6,770,081,000 compared to JPY 5,544,491,000 a year ago. Earnings per share was JPY 547.87 compared to JPY 448.44 a year ago.
For the Six months ending September 30, 2019, on consolidated basis, the company expects net sales of JPY 18,000 million, operating profit of JPY 3,450 million, profit attributable to owners of parent of JPY 2,350 million and earnings per share of JPY 190.39.
For the year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 38,000 million, operating profit of JPY 7,800 million, profit attributable to owners of parent of JPY 5,300 million and earnings per share of JPY 429.39.
MARUWA Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of ceramic components, including electronic components, and lighting equipment. The Company operates through two segments. The Ceramic Components segment manufactures and sells electronic components, ceramic substrates, and products related to semiconductor manufacturing equipment. The Lighting Equipment segment is involved in the production and sale of the lighting equipment that uses light emitting diode (LED) in addition to conventional lighting equipment. The Company is also involved in the business of supporting foundation activities.
Maruwa Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Full Year Ending March 31, 2020