Tsubakimoto Chain : Consolidated Financial Statements for the nine-month period ended December 31, 2017
February 07, 2018 at 07:35 am
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February 7, 2018
CONSOLIDATED FINANCIAL STATEMENTS
For the nine-month period ended December 31, 2017
Name of the company: Tsubakimoto Chain Co.
Code number:
Stock exchange listings:
URL:
Representative: Inquiries:
Scheduled quarterly report issuance date:
6371 Tokyohttp://tsubakimoto.com/
Yasushi Ohara, President and Representative Director Takatoshi Kimura, Executive Officer, Management Planning Tel +81 (6) 6441-0054
February 8, 2018
*Amounts less than ¥1 million are omitted.
1. Consolidated Operating Results for the Nine Months Ended December 31, 2017
(1) Consolidated Results of Operation
(% figures show change compared to the same period of the previous year.)
Net sales
Operating incomeOrdinary incomeMillions of yen Millions of yen Millions of yen 9-month period ended
December 31, 2017 9-month period ended December 31, 2016
155,574 144,744
% 7.5 (4.5)
15,207 15,308
% (0.7) (5.5)Millions of yen 16,321 15,930
% 2.4 (5.6)
Note: Comprehensive income
9-month period ended December 31, 2017 : ¥ 16,987 million : 113.8% 9-month period ended December 31, 2016 : ¥ 7,944 million : ( 8.3%)
Net income per share
Net income per share (diluted)
9-month period ended December 31, 2017 9-month period ended December 31, 2016
Yen 59.64 55.98
Yen
- -
(2) Consolidated Financial Position
Total assets
Net assets
Equity ratio
As of December 31, 2017
As of March 31, 2017
Millions of yen 280,887 267,215
Millions of yen 168,797 156,218
% 59.5 57.1
Note: Shareholders' equity
Net income
11,287 10,471
% 7.8 (2.8)
As of December 31, 2017 : ¥ 167,006 million As of March 31, 2017 : ¥ 152,473 million
2. Dividends
Dividends per share
1st quarter end
2nd quarter end
3rd quarter end
Fiscal year end
Total
FYE2017
FYE2018
Yen - -
Yen 11.00 11.00
Yen - -
Yen 13.00
Yen 24.00
FYE2018 (Forecasted)
12.00
23.00
Note: Revision of cash dividends forecast in quarter under review: No
3. Outlook for Consolidated Operating Results for the 12 Months Ending March 31, 2018
(% figures show change compared to the same period of the previous year.)
Millions of yen Millions of yen Millions of yen Millions of yen 12-month period
Net sales
Ordinary income
Net income per share
ending March 31, 2018
% 3.1
%
%
%
21,000
(4.6)Yen 76.61
Note: Revision of outlook for consolidated operating results in quarter under review: No
* Notes
(1) Significant changes in scope of consolidation (indicates changes in specified subsidiaries involving changes in the scope of consolidation): None
(2) Adoption of specific accounting procedures for preparing quarterly consolidated financial statements: None
(3) Changes in accounting policies, accounting estimates, and restatement of corrections:
1. Changes in accounting policies due to the revision of accounting standards and other regulations: None
2. Other changes in accounting policies: None
3. Changes in accounting estimates: None
4. Restatement of corrections: None
(4) Number of shares issued (common shares)
1 Number of shares issued at end of period (including treasury shares)
As of December 31, 2017 :
191,406,969 shares
As of March 31, 2017 :
191,406,969 shares
2 Number of treasury shares at end of period
As of December 31, 2017 :
2,136,910 shares
As of March 31, 2017 :
4,345,450 shares
3 Average number of shares during the period
As of December 31, 2017 :
189,273,916 shares
As of December 31, 2016 :
187,072,128 shares
* Implementation status of the quarterly review
These quarterly financial statements are exempt from the quarterly review procedure required by the Financial Instruments and Exchange Act. The quarterly review based on the Financial Instruments and Exchange Act has not been completed at the time of disclosure of these financial statements.
* Explanation regarding the appropriate usage of consolidated operating results and other items
The outlook for consolidated operating results is based on information available at the present juncture and certain assumptions believed to be reasonable. However, it includes risks and uncertainties. Actual business results may differ materially from the figures of the outlook for consolidated operating results due to changes in business conditions, market trends, or fluctuation in currency exchange rates. Furthermore, factors that may affect business results are not limited to those factors.
Tsubakimoto Chain Company published this content on 07 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 February 2018 07:34:06 UTC.
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TSUBAKIMOTO CHAIN CO. is mainly engaged in the manufacture and sale of chains for power transmission and transportation use, variable speed reducers, linear working units, timing chains, power drive chains, conveyors and transportation systems. In addition, the Company is also involved in the manufacture, sale, research and development of automotive parts and material handling equipment. The Company operates through four segments: Chain, Precision Equipment, Automobile Parts and Material handling segments. The Chain segment offers standard form chains, oil-free chains, powerful chains, standard conveyor chains and free flow chains, as well as cable chains and cable accessories, among others. The Precision Equipment segment provides gear motors, gear-boxes, tensioners, guides, levers, sprockets, among others. The Automobile Parts segment provides tensioners, guides, power drive chains and others. The Material Hnadling segment provides systems for the logistics industry and others.