Mitsui Engineering & Shipbuilding Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
April 27, 2016
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Mitsui Engineering & Shipbuilding Co., Ltd. reported consolidated earnings results for the full year ended March 31, 2016. For the period, the company reported net sales of ¥805,413 million, operating income of ¥11,813 million, ordinary income of ¥15,078 million, profit attributable to owners of parent of ¥7,599 million or ¥9.40 per share, and operating cash flow of ¥29,802 million against net sales of ¥816,520 million, operating income of ¥13,298 million, ordinary income of ¥14,899 million, profit attributable to owners of parent of ¥9,463 million or ¥11.63 per share, and operating cash flow of ¥15,167 million a year ago.
For the full year ending March 31, 2017, the company expects net sales to be ¥750,000, operating income to be ¥22,000 million, ordinary income to be ¥27,000 million, net income to be ¥21,000 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. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
MITSUI E&S CO., LTD. 
