Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Half Year and Full Year of Fiscal 2017; Declares Dividend for the for Fiscal 2016 Payable on June 24, 2016; Provides Dividend Guidance for Fiscal 2017
May 05, 2016
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Iriso Electronics Co. Ltd. reported consolidated earnings results for the year ended March 31, 2016. Net sales were ¥38,209 million, compared to ¥37,214 million for the last year. Operating income was ¥6,568 million, compared to ¥6,872 million for the last year. Net income was ¥4,045 million compared to ¥5,068 million for the last year. Earnings per share were ¥353.46 compared to ¥442.87 for the last year. Cash flows from operating activities were ¥8,598 million compared to ¥7,726 million for the last year. Pre-tax income was ¥6,541 million against ¥6,605 million a year ago. Purchase of property, plant and equipment was ¥5,444 million against ¥4,270 million a year ago. Purchase of intangible assets was ¥2 million against ¥101 million a year ago.
For the year ended March 31, 2016, the company declared a full year dividend of ¥60.00 per share payable on June 24, 2016.
For the year ended March 31, 2017, the company expects a full year dividend of ¥60.00 per share.
For the half year ending September 30, 2016, the company expects net sales of ¥18,800 million, operating income of ¥3,400 million and net income of ¥2,500 million or ¥218.42 per share.
For the fiscal year ending March 31, 2017, the company expects net sales of ¥38,300,000 million, operating income of ¥6,900 million, and net income of ¥5,100 million or ¥445.58 per share.
IRISO ELECTRONICS CO., LTD. is a Japan-based company that mainly manufactures and sells multiple-pole connectors. The Company is engaged in the development, manufacture and sale of board-to-board connectors for printed circuit board connection, flexible printed circuit (FPC) boards and flexible flat cable (FFC) cable connection for automotive equipment, digital equipment and industrial equipment, as well as other multi-pole connectors such as FPC and FFC connectors and interface connectors for signal connection between devices.
Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Half Year and Full Year of Fiscal 2017; Declares Dividend for the for Fiscal 2016 Payable on June 24, 2016; Provides Dividend Guidance for Fiscal 2017