MISUMI Group Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2014; Reiterates Earnings Guidance for the Year Ending March 31, 2015
January 28, 2015
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MISUMI Group Inc. reported consolidated earnings results for the third quarter ended December 31, 2014. For the quarter, the company reported net sales of JPY 151,546 million against JPY 127,152 million a year ago. EBITDA was JPY 20,716 million against JPY 16,566 million a year ago. Operating income was JPY 19,081 million against JPY 15,013 million a year ago. Net income was JPY 11,816 million against JPY 9,338 million a year ago. Earnings per share were JPY 129.75 against JPY 103.08 a year ago.
For the year ending March 31, 2015, the company reiterates net sales of JPY 200,700 million, operating income of JPY 23,300 million, ordinary income of JPY 22,900 million and net income of JPY 13,800 million or earnings per share of JPY 151.48.
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 Third Quarter Ended December 31, 2014; Reiterates Earnings Guidance for the Year Ending March 31, 2015