Nippon Shinyaku Co. Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015
November 12, 2014 at 12:24 pm
Share
Nippon Shinyaku Co. Ltd. announced consolidated earnings results for the second quarter ended September 30, 2014. For the quarter, the company reported net sales of JPY 36,470 million against JPY 35,593 million a year ago. Operating income was JPY 2,033 million against JPY 3,106 million a year ago. Ordinary income was JPY 2,272 million against JPY 3,220 million a year ago. Net income was JPY 1,440 million against JPY 2,145 million a year ago. Net income per basic share was JPY 21.37 against JPY 31.81 a year ago. Income before income taxes and minority interests was JPY 2,272 million against JPY 3,220 million a year ago. Net cash provided by operating activities was JPY 1,690 million against JPY 6,364 million a year ago. Purchases of tangible fixed assets were JPY 387 million against JPY 478 million a year ago. Purchases of intangible fixed assets were JPY 70 million against JPY 77 million a year ago.
For the full year, the company expected net sales of JPY 81,000 million, operating income of JPY 8,500 million, ordinary income of JPY 8,700 million and net income of JPY 6,000 million or JPY 89.02 per share.
Nippon Shinyaku Co., Ltd. is a Japan-based company principally involved in the manufacture and sale of pharmaceutical products and functional foodstuffs. The Company operates in two business segments. The Pharmaceutical segment is involved in the manufacture and sale of urinary system therapeutic agents, blood cancer therapeutic agents, pain, inflammation and allergic therapeutic agents, digestive system therapeutic agents, cardiovascular systems and metabolic therapeutic agents. The Functional Foodstuff segment involves in the manufacture and sale of health food materials, quality stability preservatives, protein preparation, spice and seasoning products. The Company is also involved in the business support business, non-life insurance agency business, as well as the provision of real estate leasing services.
Nippon Shinyaku Co. Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015