Tachi-S Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
November 16, 2015 at 04:00 pm
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TACHI-S Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of JPY 132,772 million against JPY 117,617 million a year ago. Operating income was JPY 1,548 million against operating loss of JPY 594 million a year ago. Ordinary income was JPY 2,207 million against JPY 1,146 million a year ago. Net loss attributable to owners of parent was JPY 221 million against net income of JPY 84 million a year ago. Net loss per share was JPY 6.24 against net income of JPY 2.32 a year ago.
For the year ending March 31, 2015 on consolidated basis, the company expects net sales of JPY 281,000 million, operating income of JPY 6,800 million, ordinary income of JPY 7,500 million, net income attributable to owners of parent was JPY 2,450 million or JPY 69.13 per share.
TACHI-S CO., LTD. is a Japan-based company mainly engaged in the manufacturing and sales of automotive seats and related parts. The Company operates through six business segments. It is engaged in the manufacturing and sales of seats for vehicles, including passenger cars, trucks and buses. It is also engages in the manufacturing and sales of other parts, such as steering components and vehicle body mechanism components. It is also engaged in the rental of commerce facilities.
Tachi-S Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016