MISUMI Group Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Revises Earnings Guidance for the Year Ending March 31, 2019
January 28, 2019
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MISUMI Group Inc. reported consolidated earnings results for the nine months ended December 31, 2018. For the nine months, the company reported net sales of JPY 249,719 million compared to JPY 231,058 million a year ago. Operating income was JPY 22,694 million compared to JPY 27,171 million a year ago. Net income was JPY 16,216 million compared to JPY 20,104 million a year ago. Earnings per share was JPY 57.23 compared to JPY 71.62 a year ago.
The company revised earnings guidance for the year ending March 31, 2019. For the year, the company expects net sales of JPY 335,200 million, operating income of JPY 32,800 million and net income of JPY 23,500 million or JPY 82.92 per share compared to previously expected net sales of JPY 343,000 million, operating income of JPY 35,000 million and net income of JPY 25,700 million or JPY 90.69 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. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Revises Earnings Guidance for the Year Ending March 31, 2019
MISUMI GROUP INC. 
