MISUMI Group Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Reiterates Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
July 27, 2017
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MISUMI Group Inc. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥75,774 million against ¥60,903 million a year ago. EBITDA was ¥10,606 million against ¥8,070 million a year ago. Operating income was ¥10,019 million against ¥7,496 million a year ago. Net income was ¥6,858 million against ¥5,223 million a year ago. Earnings per share were ¥24.69 against ¥19.03 a year ago.
The company reiterated consolidated earnings guidance for the fiscal year ending March 31, 2018. For the fiscal year ending March 31, 2018, the consolidated company expects net sales of ¥290,000 million, operating income of ¥31,100 million, ordinary income of ¥31,100 million, net income of ¥21,600, earnings per share of ¥78.39.
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, 2017; Reiterates Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
MISUMI GROUP INC. 
