Mimaki Engineering Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2020
May 10, 2019 at 07:00 am
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Mimaki Engineering Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis, the company reported net sales of JPY 55,448 million against JPY 52,471 million a year ago. Operating profit was JPY 3,008 million against JPY 2,729 million a year ago. Ordinary profit was JPY 2,643 million against JPY 2,359 million a year ago. Profit attributable to owners of the parent was JPY 1,680 million against JPY 1,833 million a year ago. Basic earnings per share was JPY 55.29 against JPY 61.05 per share a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 41,585 million against JPY 42,215 million a year ago. Operating profit was JPY 1,985 million against JPY 2,631 million a year ago. Ordinary profit was JPY 1,734 million against JPY 2,424 million a year ago. Profit was JPY 1,249 million against JPY 1,707 million a year ago. Basic earnings per share was JPY 41.11 against JPY 56.84 per share a year ago.
For the half year 2020, on consolidated basis, company expects net sales of JPY 28,950 million, operating profit of 800 million, Ordinary profit of JPY 650 million, Profit attributable to owners of parent of JPY 450 million, basic earnings per share of JPY 14.81 per share.
For the full year 2020, on consolidated basis, company expects net sales of JPY 60,100 million, operating profit of 2,150 million, Ordinary profit of JPY 1,800 million, Profit attributable to owners of parent of JPY 1,300 million, basic earnings per share of JPY 42.78 per share.
MIMAKI ENGINEERING CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of ink-jet printers, cutting plotters and others. The Company supplies industrial printers and cutting plotters for the sign graphics (SG), industrial product (IP) and textile and apparel (TA) markets. Its printers and cutting plotters for the SG market are used for the creation of indoor and outdoor signs, displays and sign boards, among others. Its equipment for the IP market is used at various manufacturing sites for novelty goods, nameplates, cards and others. Its products for the TA market are used for printing on sports apparel such as cloths, uniforms, among others. The Company is also involved in the provision of printing services through Internet, as well as the operation of research and development business.
Mimaki Engineering Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2020