Topre Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the First Half Ending September 30, 2018 and Full Year Ending March 31, 2019
August 10, 2018 at 02:00 am EDT
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Topre Corporation reported consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported net sales of JPY 48,799 million compared to JPY 44,055 million a year ago. Operating income was JPY 5,441 million compared to JPY 5,915 million a year ago. Ordinary income was JPY 6,046 million compared to JPY 7,043 million a year ago. Profit attributable to owners of the parent was JPY 3,978 million compared to JPY 4,582 million a year ago. Basic earnings per share were JPY 75.81 compared to diluted EPS of JPY 87.34 a year ago. Net assets per share were JPY 2,708.13.
The company provided earnings guidance for the first half ending September 30, 2018 and full year ending March 31, 2019. For the half year, the company expects net sales of JPY 98,000 million, operating income of JPY 11,000 million, ordinary income of JPY 12,000 million and profit attributable to owners of parent of JPY 8,000 million or JPY 155.32 per basic share.
For the full year, the company expects net sales of JPY 200,000 million, operating income of JPY 23,000 million, ordinary income of JPY 24,500 million and profit attributable to owners of parent of JPY 16,000 million or JPY 310.65 per basic share.
Topre Corporation is a Japan-based company mainly engaged in the manufacture and sale of pressed products, constant thermal logistics-related products, air conditioners and electronic devices. The Company operates in three business segments. The Press-related Products segment offers pressed products and molds for pressed products. The Constant Thermal Logistics segment is involved in the production and sale of freezer cars and refrigerator cars. The Others segment is involved in the production and sale of clean room equipment, air blowers, ventilation system for housing use, as well as electronic equipment. This segment is also engaged in the surface processing business. As of March 31, 2014, the Company had 16 subsidiaries and one associated company.
Topre Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the First Half Ending September 30, 2018 and Full Year Ending March 31, 2019
TOPRE CORPORATION 
