AOI Electronics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended of December 31, 2016; Provides Earnings Guidance for the Year Ending of March 31, 2017; Provides Dividend Guidance for the Year Ending of March 2017
January 26, 2017
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AOI Electronics Co., Ltd. reported consolidated earnings results for the nine months ended of December 31, 2016. For the nine months, the company reported net sales of JPY 33,499 million compared to JPY 30,471 million a year ago. Operating income was JPY 4,569 million compared to JPY 4,462 million a year ago. Ordinary income was JPY 4,950 million compared to JPY 4,671 million a year ago. Net income attributable to the company was JPY 3,699 million compared to JPY 3,095 million a year ago. Net income per share was JPY 308.31 compared to JPY 257.99 a year ago.
The company provided earnings guidance for the year ending of March 31, 2017. For the period, the company expects net sales to be of JPY 45,000 million. Operating income expected to be of JPY 5,650 million. Ordinary income expected to be of JPY 5,900 million. Net income attributable to the company expected to be of JPY 4,100 million. Net income per share expected to be of JPY 341.69.
The company provided dividend guidance for the year ending of March 2017. For the period, the company provided dividend guidance of JPY 27.00 per share compared to JPY 27.00 per share a year ago.
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 of December 31, 2016; Provides Earnings Guidance for the Year Ending of March 31, 2017; Provides Dividend Guidance for the Year Ending of March 2017