Musashi Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for Fiscal Ending March 31, 2018
November 06, 2017
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Musashi Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2017. The company reported net sales of ¥16,124 million, operating loss of ¥92 million, profit attributable to owners of parent of ¥68 million or ¥9.21 per share against net sales of ¥18,299 million, operating profit of ¥999 million, profit attributable to owners of parent of ¥692 million or ¥93.09 per share a year ago. Profit before income tax was ¥130 million against ¥1,051 million a year ago. Net cash used in operating activities of ¥220 million against net cash from operating activities of ¥52 million a year ago. Purchase of property, plant and equipment was ¥90 million against ¥107 million a year ago.
For fiscal ending March 31, 2018, the company expects net sales of ¥38,369 million, operating loss of ¥1,170 million, profit attributable to owners of parent of ¥836 million or ¥112.31 per share.
MUSASHI CO., LTD. is primarily engaged in the sale of information, printing and industrial system equipment, financial general and election system equipment, and paper products. The Company operates in four business segments. The Information, Printing and Industrial System Equipment segment provides equipment, materials, information processing service and maintenance of electronic media and microfilm integrated systems, and equipment, materials and maintenance of printing systems, IPS systems, and industrial inspection. The Financial General and Election System Equipment segment provides equipment, related materials and maintenance of currency handling, election and security systems. The Paper and Paper Products segment provides paper for use in printing, publishing, information and business, paperboards for cartons, special paper and paper products. The Real Estate Rental and Leasing segment is engaged in real estate leasing, non-life insurance agency and human resources business.
Musashi Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for Fiscal Ending March 31, 2018
MUSASHI CO., LTD. 
