AOI Electronics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2011; Provides Earnings Guidance for the Year Ending March 31, 2012; Provides Dividend Guidance for the Year Ending March 31, 2012
February 06, 2012 at 07:11 am EST
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AOI Electronics Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2011. For the period, the company reported net income of JPY 923 million or JPY 77.00 net income per share on net sales of JPY 19,717 million compared to net income of JPY 782 million or JPY 65.20 net income per share on net sales of JPY 19,385 million for the corresponding period of last year. Operating and ordinary income were JPY 1,006 million and JPY 1,778 million against JPY 1,153 million and JPY 1,261 million of previous year period.
The company provided earnings guidance for the year ending March 31, 2012. The company expects net income of JPY 1,055 million or JPY 87.92 net income per share on net sales of JPY 26,000 million. The company expects operating and ordinary income of JPY 1,150 million and JPY 1,970 million.
The company provided dividend guidance for the year ending March 31, 2012. The company expects dividend of JPY 10.00.
AOI ELECTRONICS CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of electronic components. The Integrated Circuit (IC) division is engaged in the production and sale of ICs, modules, IC cards, hybrid ICs, optical sensors and light-emitting diode (LED) products, as well as the plating processing of IC production. The Functional Parts division produces and sells print heads, various sensors and chip network resistors.
AOI Electronics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2011; Provides Earnings Guidance for the Year Ending March 31, 2012; Provides Dividend Guidance for the Year Ending March 31, 2012