Tsuzuki Denki Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
May 10, 2019 at 08:00 am
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Tsuzuki Denki Co., Ltd. reported consolidated earnings results for the full year ended March 31, 2019. For the year, the company reported net sales JPY 118,872 million against JPY 111,973 million a year ago. Operating profit was JPY 3,318 million against JPY 2,538 million a year ago. Ordinary profit was JPY 3,494 million against JPY 2,612 million a year ago. Profit attributable to owners of parent was JPY 2,212 million against JPY 1,515 million a year ago. Basic earnings per share were JPY 128.89 per share against JPY 96.10 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales JPY 119,000 million, operating profit of JPY 3,500 million, ordinary profit of JPY 3,600 million a year ago, profit attributable to owners of parent of JPY 2,360 million or basic earnings per share of JPY 136.99.
TSUZUKI DENKI CO., LTD. is a Japan-based company engaged in the provision of information network solution services and electronic devices. It operates through two business segments. Information Network Solution Service segment has three kinds of services. Network integration business provides global communications, Internet Protocol (IP) telephony solutions, call center solutions and other network solutions. System integration services provide various business solutions in the fields of manufacture, real estate, medical care and others. Service business provides network monitoring services, network diagnostics, network operations services, life cycle management (LCM) services, cloud services, support desks, security services and information technology (IT) infrastructure control services. Electronic Devices segment is engaged in the provision, design and development of semiconductors, electronic components, embedded server equipment and office supplies, as well as devices solution.
Tsuzuki Denki Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020