Topcon Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
January 29, 2016 at 03:00 pm
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Topcon Corporation announced consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 91,542 million compared to JPY 88,647 million a year ago. Operating income was JPY 4,244 million compared to JPY 7,963 million a year ago. Ordinary income was JPY 3,288 million compared to JPY 7,372 million a year ago. Profit attributable to owners of parent company was JPY 1,192 million or JPY 11.04 per share compared to JPY 4,375 million or JPY 40.50 per share a year ago. Income before income taxes and minority interests was JPY 3,017 million compared to JPY 7,372 million a year ago.
For the year ending March 31, 2016, the company expects net sales of JPY 133,000 million, operating income of JPY 12,500 million, ordinary income of JPY 11,000 million and profit attributable to owners of the parent company of JPY 6,000 million or JPY 55.55 per share.
Topcon Corp is mainly engaged in the manufacture and sale of smart infrastructure products, positioning products and eye care products. The Company operates in four business segments. The Smart Infrastructure segment provides total stations, Layout navigators, three-dimensional (3D) mobile measurement systems, three-dimensional (3D) laser scanners, data collectors, theodolites, rotating lasers and pipe lasers, among others. The Positioning Company segment provides global positioning systems (GPSs) for location survey, civil engineering machine control systems, asset management systems and machine control systems for precision agriculture, among others. The Eye Care segment provides fundus cameras, slit lamps, laser photocoagulators, non-contact type Tono meters, lens edgers, vision inspection equipment and others. The Others segment engages in precision measurement business and optical device business.
Topcon Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016