Hosiden Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2017
November 03, 2016
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Hosiden Corporation reported consolidated earnings results for the six months ended September 30, 2016. For the six months, the company reported net sales of ¥57,461 million, operating loss of ¥450 million, ordinary loss of ¥3,533 million, loss attributable to owners of parent of ¥3,588 million, loss per share of ¥58.39, against net sales of ¥77,468 million, operating loss of ¥1,422 million, ordinary loss of ¥1,419 million, loss attributable to owners of parent of ¥4,711 million, loss per share of ¥76.28,
The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the year, the company expected net sales of ¥152,000 million, operating income of ¥2,200 million, ordinary income of ¥300 million, profit attributable to owners of parent of ¥300 million, and earnings per share of ¥4.88.
Hosiden Corporation is principally engaged in the manufacture and sale of electronic components. The Company has four business segments. The Mechanical Component segment provides connectors, jacks and switches. The Acoustic segment offers microphones, headphones, headsets, speakers and receivers. The Liquid Crystal Display Device segment provides passive liquid crystal display devices. The Composite Part and Others segment offers remote controllers and solenoids.
Hosiden Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2017