Y.A.C. Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months and Full Year Ending March 31, 2018
August 13, 2017
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Y.A.C. Holdings Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 4,698 million against JPY 7,711 million a year ago. Operating loss was JPY 87 million against operating income of JPY 50 million a year ago. Ordinary loss was JPY 44 million against JPY 152 million a year ago. Net loss attributable to owners of the parent was JPY 60 million or JPY 6.73 per share against JPY 185 million or JPY 20.82 per diluted share a year ago. Loss before income tax was JPY 42,974,000 against JPY 157,624,000 a year ago.
For the six months of fiscal year ending March 31, 2018, the company expects net sales of JPY 13,000 million, operating income of JPY 600 million, ordinary income of JPY 450 million and net income attributable to owners of parent of JPY 300 million or JPY 33.59 per share.
For the year ending March 31, 2018, the company expects net sales of JPY 35,000 million, operating income of JPY 2,000 million, ordinary income of JPY 1,500 million and net income attributable to owners of parent of JPY 1,000 million or JPY 111.99 per share.
Y.A.C. HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the development, design, manufacture, sale and maintenance of display related products, mechatronics related products and cleaning related products. The Company operates in three business segments. The Display Related segment is engaged in the manufacture and sale of liquid crystal related products and precision heat treatment related products, as well as the provision of related services. The Mechatronics Related segment is engaged in the manufacture and sale of hard disk products, semiconductor products, energy saving and clean energy products, solar cell products, industrial instrument products, control communication products, laser process products, precision cutting products and other products, as well as the provision of related services. The Cleaning Related and Other segment is engaged in the manufacture and sale of cleaning products and mold heating products, as well as the provision of related services.
Y.A.C. Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months and Full Year Ending March 31, 2018