MISUMI Group Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Reaffirms Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
January 29, 2017
Share
MISUMI Group Inc. announced consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of JPY 187,230 million against JPY 177,626 million a year ago. EBITDA was JPY 22,435 million against JPY 21,979 million a year ago. Operating income was JPY 20,732 million against JPY 20,078 million a year ago. Net income was JPY 12,894 million against JPY 12,988 million a year ago. Earnings per share were JPY 46.96 against JPY 47.37 a year ago.
The company reaffirmed consolidated earnings guidance for the fiscal year ending March 31, 2017. For the fiscal year, the company expects to report net sales of JPY 253,500 million, operating income of JPY 27,200 million, ordinary income of JPY 26,600 million, net income of JPY 17,800 million, and earnings per share of JPY 64.85.
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, 2016; Reaffirms Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
MISUMI GROUP INC. 
