MISUMI Group Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Reaffirms Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
January 29, 2018
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MISUMI Group Inc. announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 231,058 million against JPY 187,230 million a year ago. EBITDA was JPY 28,646 million against JPY 22,435 million a year ago. Operating income was JPY 27,171 million against JPY 20,732 million a year ago. Net income was JPY 20,104 million against JPY 12,894 million a year ago. Earnings per share were JPY 71.62 against JPY 46.96 a year ago.
The company reaffirmed consolidated earnings guidance for the fiscal year ending March 31, 2018. For the fiscal year, the company expects to report net sales of JPY 314,000 million, operating income of JPY 36,350 million, ordinary income of JPY 35,750 million, net income of JPY 24,900 million, and earnings per share of JPY 89.04.
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 Nine Months Ended December 31, 2017; Reaffirms Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
MISUMI GROUP INC. 
