MISUMI Group Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the Six Months and Year End of Fiscal Year Ending March 31, 2016
July 28, 2015
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MISUMI Group Inc. announced consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of JPY 57,129 million compared to JPY 48,114 million a year ago. EBITDA was JPY 6,810 million compared to JPY 7,078 million a year ago. Operating income was JPY 6,183 million compared to JPY 6,520 million a year ago. Net income was JPY 3,801 million or JPY 13.87 per share compared to JPY 4,087 million or JPY 14.98 per share a year ago.
The company provided consolidated earnings guidance for the six months and year end of fiscal year ending March 31, 2016. For the six months fiscal year ending March 31, 2016, on consolidated basis, the company expects net sales of JPY 114,800 million, operating income of JPY 13,900 million, ordinary income of JPY 13,900 million, and net income of JPY 8,600 million or JPY 31.38 per share.
For the year ending March 31, 2016, the company expects net sales of JPY 242,000 million, operating income of JPY 27,100 million, ordinary income of JPY 27,100 million and net income of JPY 16,900 million or JPY 61.67 per share.
MISUMI Group Inc. is a Japan-based company mainly engaged in the factory automation (FA) business, the mold parts business, and the parts and consumables (MRO) business. The Company has three business segments. The FA segment is engaged in the manufacture and sale of shafts, bushes, linear guides, locating parts, pulleys stages and other standard parts for automatic equipment, as well as the development and provision of automatic positioning modules and various research equipment. The Metal Molding Parts segment is engaged in the development and provision of spring guides, ejector pins, core pins, guides, retainers and other standard mold parts for automotive, electronic and electrical equipment fields, as well as the provision of precision mold parts. The Variation & One-stop by New Alliance (VONA) segment is engaged in the general distribution business, as well as the provision of air pressure parts, piping parts, screws, bolts and other manufacturing materials and MRO products.
MISUMI Group Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the Six Months and Year End of Fiscal Year Ending March 31, 2016
MISUMI GROUP INC. 
