Daito Electron Co., Ltd. Announces Consolidated Financial Results for the Nine Months Ended September 30, 2013; Provides Earnings Guidance for the Year Ending December 31, 2013; Provides Dividend Guidance for the Year Ending December 31, 2013
November 31, 2013
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Daito Electron Co., Ltd. announced consolidated financial results for the nine months ended September 30, 2013. For the period, the company reported net sales of ¥26,096 million against ¥26,973 million a year ago. Operating income was ¥11 million against ¥334 million a year ago. Ordinary income was ¥81 million against ¥432 million a year ago. Net loss was ¥8 million or ¥0.78 per share against net income of ¥242 million or ¥21.96 per share a year ago.
For the year ending December 31, 2013, the company expects net sales of ¥35 billion, operating income of ¥40 million, ordinary income of ¥110 million, net loss of ¥220 million or ¥19.80 per share.
For the year ending December 31, 2013, the company expects dividend of ¥5 per share against ¥10 paid a year ago.
Daitron Co., Ltd., formerly Daito Electron Co., Ltd. is mainly engaged in the manufacturing, sales, export and import of electronic products. The Company is engaged in the provision of electronic devices and components, such as electronic part and assembly product, semiconductor product, embedded systems, power equipment, image related device and part, information system and others. Its manufacturing equipment includes lighting devices, large-scale integration (LSI) manufacturing equipment, flat-panel display manufacturing devices and electronic material manufacturing devices.
Daito Electron Co., Ltd. Announces Consolidated Financial Results for the Nine Months Ended September 30, 2013; Provides Earnings Guidance for the Year Ending December 31, 2013; Provides Dividend Guidance for the Year Ending December 31, 2013
DAITRON CO., LTD. 
