Juki Corp. Reports Consolidated Earnings Results for the Three Months Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2016 and Year Ending December 31, 2016
May 08, 2016
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Juki Corp. reported consolidated earnings results for the three months ended March 31, 2016. For the period, the company reported consolidated net sales of JPY 25,910 million against JPY 28,136 million a year ago. Operating income was JPY 1,455 million against JPY 1,793 million a year ago. Ordinary income was JPY 831 million against JPY 1,544 million a year ago. Profit attributable to owners of the parent was JPY 650 million against JPY 1,019 million a year ago. Basic earnings per share was JPY 21.88 against 34.16 per share a year ago. Profit before income taxes was JPY 827 million against JPY 1,540 million a year ago.
For the six months ending June 30, 2016, the company expects consolidated net sales to be JPY 56,000 million, operating income to be JPY 2,200 million, ordinary income to be JPY 1,700 million and profit attributable to owners of the parent to be JPY 1,000 or JPY 33.97 basic earnings per share.
For the year ending December 31, 2016, the company expects consolidated net sales to be JPY 115,000 million, operating income to be JPY 6,000 million, ordinary income to be JPY 5,000 million and profit attributable to owners of the parent to be JPY 3,000 or JPY 101.91 basic earnings per share.
JUKI CORPORATION is a Japan-based company primarily engaged in the manufacture and sale of sewing machines and industrial equipment. The Company has two business segments. The Sewing Machine and System segment is engaged in the manufacture and sale of industrial sewing machines, household sewing machines and related parts. The Industrial Equipment and System segment is engaged in the manufacture and sale of industrial equipment, including mounters, inspection machines and printing machines, group business, including contract processed products and parts, as well as customer business, including parts and services of sewing machines and industrial equipment. The Company also conducts real estate management business and others.
Juki Corp. Reports Consolidated Earnings Results for the Three Months Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2016 and Year Ending December 31, 2016
JUKI CORPORATION 