Mitsui Engineering & Shipbuilding Co., Ltd. Announces Consolidated Earnings Results for the third quarter Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
February 02, 2016
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Mitsui Engineering & Shipbuilding Co., Ltd. reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, net sales were JPY 557,934 million against JPY 587,587 million a year ago. Operating income was JPY 10,364,000 against JPY 4,845,000 a year ago. Ordinary income was JPY 11,580,000 against JPY 6,362,000 a year ago. Net income was JPY 9,248,000 against JPY 2,475,000 a year ago. Net income per share was JPY 11.34 against JPY 3.06 a year ago.
For the year ending March 31, 2016, the company expects net sales of JPY 810,000 million, operating income of JPY 12,000 million, ordinary income of JPY 15,000 million and net income of JPY 6,000 million.
Mitsui E&S Co Ltd, formerly Mitsui E&S Holdings Co Ltd, is primarily engaged in ship, marine development, machinery, and engineering businesses. The Company operates its business through four segments. The Ship segment provides ships, naval vessels, high-speed passenger ships, offshore structures, underwater equipment, design engineering services, ship-related equipment and machinery, and steel structures. The Marine Development segment provides floating offshore oil and gas production, storage, and offloading facilities. The Machinery segment provides marine and land-use diesel engines, marine equipment, gas engines, steam turbines, blowers, compressors, gas turbines, among others. The Engineering segment provides power generation projects and general overseas civil engineering and construction work. The Company also engages in land-based diesel power plant business, information and communication equipment business, system development business, gas-related engineering, among others.
Mitsui Engineering & Shipbuilding Co., Ltd. Announces Consolidated Earnings Results for the third quarter Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
MITSUI E&S CO., LTD. 
