Suzuki Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2017
February 13, 2017 at 03:18 pm
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Suzuki Co. Ltd. reported consolidated earnings results for the six months ended December 31, 2016. For the quarter, the company reported net sales of JPY 11,456 million, operating income of JPY 832 million, ordinary income of JPY 632 million, and net income attributable to owners of parent of JPY 294 million, net income per share of JPY 23.80.
For the year ending June 30, 2017, the company expects net sales of JPY 23,375 million, operating income of JPY 1,274 million, ordinary income of JPY 1,200 million, net income attributable to owners of parent of JPY 577 million, and net income per share of JPY 46.66.
SUZUKI CO., LTD. is a Japan-based company primarily engaged in the production and sale of dies, parts and automatic equipment. The Company has three business segments. The Dies segment is engaged in the manufacture and sale of precision press dies and mold dies. The Parts segment is engaged in the manufacture and sale of connector contacts, connector housing products and automobile electric components. The Mechanical Equipment segment is engaged in the manufacture and sale of surface mount technology (SMT) equipment, semiconductor-related equipment and specialized machines, as well as the medical equipment. The Company also conducts leasing business and the sale of power business.
Suzuki Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2017