TS TECH Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2016; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2016
January 29, 2016 at 03:00 pm
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TS TECH Co., Ltd. Provided dividend guidance for the year ending March 31, 2016. For the year, the company provided dividend guidance of JPY 33.00 per share compared to JPY 30.00 per share for the same period a year ago.
The company reported consolidated earnings results for the nine months ended December 31, 2015. For the quarter, the company reported net sales of JPY 345,407 million against JPY 320,204 million a year ago. Operating income was JPY 27,309 million against JPY 25,965 million a year ago. Ordinary income was JPY 28,658 million against JPY 29,479 million a year ago. Income before income taxes was JPY 28,817 million against JPY 29,361 million a year ago. Net income attributable to owners of parent was JPY 16,687 million or JPY 245.42 per share against JPY 17,401 million or JPY 255.91 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2016. For the year, the company expects net sales of JPY 467,000 million, operating income of JPY 38,500 million, ordinary income of JPY 40,700 million and net income attributable to owners of parent of JPY 23,000 million or JPY 338.24 per share.
TS TECH CO., LTD. is a Japan-based company mainly engaged in manufacture and sale of two-wheel vehicle seats and interior components. The Company operates in four segments. The Japan segment is engaged in the manufacture and sale of two-wheel vehicle seats and resin parts, four-wheel vehicle seats and interior components. The Americas segment is engaged in the manufacture and sale of two-wheel vehicle seats and resin parts, four-wheel vehicle seats and interior components. The China segment is engaged in the manufacture and sale of four-wheel vehicle seats and interior components. The Asia and Europe segment is engaged in the manufacture and sale of two-wheel vehicle seats and resin parts, four-wheel seats and interior components.
TS TECH Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2016; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2016
TS TECH CO., LTD. 
