TOKYO KEIKI INC. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
July 10, 2019 at 02:00 am
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TOKYO KEIKI INC. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company's net sales were JPY 46,692 million compared to JPY 43,803 million a year ago. Operating profit was JPY 2,440 million compared to JPY 1,319 million a year ago. Profit was JPY 1,991 million compared to JPY 1,131 million a year ago. Basic earnings per share was JPY 117.19 compared to JPY 67.61 a year ago.
The company also provided earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales of JPY 49,500 million, operating profit of JPY 1,690 million and profit attributable to owners of the parent of JPY 1,320 million.
TOKYO KEIKI INC. is a Japan-based company mainly engaged in the manufacture, sale and maintenance of hydraulic and pneumatic equipment, defense and communication equipment. It has four business segments. Defense and Communications Equipment business manufactures, sells and repairs defense equipment, marine transportation system equipment, road and tunnel measurement and automatic control equipment, and parts. Hydraulic and Pneumatic Equipment business manufactures, sells and repairs hydraulic and pneumatic equipment and parts. Port and Harbor Equipment business manufactures, sells and repairs marine equipment, adjusts charges, manages sales, and arranges after-sales services. Fluid Equipment business manufactures, sells, and repairs fluid measurement equipment and fire extinguishing equipment. It is engaged in the manufacture, sale and inspection of inspection equipment, as well as products packing, information processing business, software development, and factoring business.
TOKYO KEIKI INC. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020