Japan Lifeline Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
January 31, 2016 at 05:10 am EST
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Japan Lifeline Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the nine months period, the company reported net sales of JPY 21,269 million, operating income of JPY 2,565 million, ordinary income of JPY 2,565 million and net income of JPY 2,157 million or JPY 111.95 per share compared to net sales of JPY 18,859 million, operating income of JPY 1,365 million, ordinary income of JPY 1,486 million and net income of JPY 743 million or JPY 34.40 per share for the same period a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2016. For the year, the company expects net sales to be JPY 29,584 million, operating income to be JPY 2,785 million, ordinary income to be JPY 2,829 million and net income to be JPY 2,171 million or JPY 113.68 per share.
Japan Lifeline Co., Ltd. is a Japan-based company mainly engaged in the import, manufacture and sale of cardiac circulators and other medical devices. The Company is mainly engaged in the production of rhythm devices, electrophysiological (EP) and ablations, surgical products and intervention products. The rhythm devices include cardiac pacemakers, implantable cardioverter defibrillator (ICD), cardiac resynchronization therapy defibrillator (CRT-D) and other rhythm devices. The EP and ablations include EP catheters for cardiac arrhythmia examination, ablation catheters for arrhythmia treatment and other EP and ablations. The surgical products include prosthetic heart valves and annuloplasty rings for heart disease surgical treatment, vascular grafts, open stent grafts and stent grafts for aortic disease treatment, as well as other surgical products. The intervention products include balloon catheters, guide wires, penetration catheters and other intervention products.
Japan Lifeline Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016