Komori Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
October 30, 2015 at 11:00 am EDT
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Komori Corp. announced consolidated earnings results for the six months ended September 30, 2015. For the quarter, the company reported net sales of JPY 43,259 million compared to JPY 40,042 million a year ago. Operating income was JPY 2,160 million compared to JPY 2,191 million a year ago. Ordinary income was JPY 2,819 million compared to JPY 2,746 million a year ago. Profit attributable to owners of parent company was JPY 3,842 million or JPY 62.01 per share compared to JPY 2,850 million or JPY 46.00 per share a year ago. Income before income taxes was JPY 2,810 million compared to JPY 2,750 million a year ago.
For the year ending March 31, 2016, the company expects net sales of JPY 103,000 million, operating income of JPY 8,000 million, ordinary income of JPY 7,800 million and profit attributable to owners of parent company of JPY 7,800 million or JPY 125.88 per share.
KOMORI CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of printing equipment, as well as the provision of related materials, finance services and real estate management services. The Company operates in three regional segments. The Japan segment is engaged in the manufacture and sale of securities printing equipment and other printing equipment in Japan, Latin America and Asia, as well as the purchase and sale of small printing equipment, the provision of inks, paper, folding machines, electrical equipment and other equipment parts and printing materials. The North America segment is mainly engaged in the sale of printing equipment in the United States. The Europe segment is mainly engaged in the sale of printing equipment in Western Europe, Eastern Europe and the Middle East, as well as the manufacture and sale of paper printing equipment . The Company also operates in Hong Kong, Taiwan, Singapore, Malaysia and India.
Komori Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
KOMORI CORPORATION 