Hosokawa Micron Corporation Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year of the Fiscal Year Ending September 30, 2018
February 08, 2018
Share
Hosokawa Micron Corporation reported consolidated earnings results for the first quarter ended December 31, 2017. For the quarter, the company reported net sales of JPY 12,698 million against JPY 10,815 million a year ago. Operating profit was JPY 1,489 million against JPY 738 million a year ago. Ordinary profit was JPY 1,521 million against JPY 885 million a year ago. Profit attributable to owners of parent was JPY 767 million against JPY 622 million a year ago. Diluted earnings per share were JPY 93.46 against JPY 74.10 a year ago. Income before income taxes was JPY 1,528 million against JPY 895 million a year ago.
The company provided consolidated earnings guidance for the first half and full year of the fiscal year ending September 30, 2018. For the first half, the company expects net sales of JPY 25,000 million, operating profit of JPY 2,400 million, ordinary profit of JPY 2,400 million and profit attributable to owners of parent of JPY 1,650 million or JPY 201.75 per share.
For the full year, the company expects net sales of JPY 52,000 million, operating profit of JPY 5,300 million, ordinary profit of JPY 5,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 440.17 per share.
HOSOKAWA MICRON CORPORATION is a Japan-based company mainly engaged in the powder related business and the plastic thin film related business. The Company operates through two business segments. The Powder-related segment provides crushing and classification equipment, mixing and drying equipment, particle design and granulation equipment, measuring equipment and lab equipment, dust collection equipment, containment equipment, powder processing contracts and functional composite materials. The Plastic Thin Film related segment is engaged in the development, manufacture and sale of various types of plastic multilayer high-performance film thin film production equipment. The main products are fine pulverizers, ultra-fine pulverizers, classifiers, mixers, dryers, nano composite particle manufacturing equipment, granulators, measuring machines, dust collectors, safety booths and isolators.
Hosokawa Micron Corporation Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year of the Fiscal Year Ending September 30, 2018