Shizuki Electric Company Inc. Provides Dividend Guidance for the Year Ending March 31, 2016; Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2016
January 29, 2016 at 01:00 pm
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Shizuki Electric Company Inc. announced that the company expects to pay year-end dividend of JPY 6.00 per share compared with JPY 6.00 per share a year ago.
The company announced consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of JPY 16,066 million against JPY 17,431 million a year ago. Operating income was JPY 1,489 million against JPY 1,967 million a year ago. Ordinary income was JPY 1,590 million against JPY 2,175 million a year ago. Profit attributable to owners of parent was JPY 878 million against JPY 1,389 million a year ago. Net income per share was JPY 30.19 against JPY 47.71 a year ago.
For the fourth quarter ending March 31, 2016, the company expects net sales of JPY 21,950 million, operating income of JPY 1,940 million, ordinary income of JPY 2,140 million and profit attributable to owners of parent of JPY 1,210 million or net income per share of JPY 41.57.
SHIZUKI ELECTRIC COMPANY INC. is a Japan-based company mainly engaged in the manufacture and sale of film capacitors and related products, as well as the power equipment system business. The Company operates in two business segments. The Capacitor and Module segment is engaged in the manufacture and sale of capacitors for air conditioners, automobiles, washing equipment, ventilation fans, railway vehicles, control equipment and others. The Electric Power Equipment System segment is engaged in the manufacture and sale of electric power equipment such harmonic countermeasure equipment, railway power supply equipment, electric furnace equipment, power receiving and transforming equipment, instantaneous voltage drop compensation devices and others. The Company is also engaged in the information equipment system business. The Company operates within the domestic market and to overseas markets, including the United States, China and Southeast Asian.
Shizuki Electric Company Inc. Provides Dividend Guidance for the Year Ending March 31, 2016; Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2016
SHIZUKI ELECTRIC COMPANY INC. 
