Ohashi Technica, Inc. Reports Earnings Results for the Year Ended March 31, 2014; Provides Earnings Guidance for the Fiscal Year 2014
May 29, 2014 at 07:34 am
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Ohashi Technica, Inc. reported earnings results for the year ended March 31, 2014. The company has reported that net income for the year ended March 31, 2014 was JPY 2.29 billion, or JPY 145.22 per share, compared to JPY 1.36 billion, or JPY 87.33 per share, for the year ended March 31, 2013. Net sales for the year ended March 31, 2014 were JPY 39.16 billion, compared to JPY 34.77 billion for the year ended March 31, 2013. Operating income for the year ended March 31, 2014 was JPY 3.62 billion, compared to JPY 2.1 billion for the year ended March 31, 2013.
For fiscal 2014, the company expected net sales to be JPY 39.5 billion and net income to be JPY 2.3 billion, or JPY 144.49 per share.
OHASHI TECHNICA INC. is a Japan-based company engaged in the design, development, manufacture and sale of automotive parts such as engine related parts, automobile assembly parts and brake related parts, as well as the logistics business. The Company operates through six geographic segments including Japan, Americas, China, ASEAN, Europe and Taiwan. Japan segment and China segment are engaged in auto parts business and other related parts business. The Americas, ASEAN, Europe and Taiwan segments are mainly engaged in automotive parts. Automotive components include engine and mission components, differential components, brake components, body and chasse components and interior & exterior components.
OHASHI TECHNICA INC. 
