MISUMI Group Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
May 10, 2017
Share
MISUMI Group Inc. reported consolidated earnings results for the year ended March 31, 2017. For the period, the company reported sales of ¥259,015 million against ¥240,139 million a year ago. EBITDA was ¥29,421 million against ¥28,228 million a year ago. Operating income was ¥27,127 million against ¥25,690 million a year ago. Net income was ¥18,387 million or ¥66.94 per share against ¥16,907 million or ¥61.65 per share a year ago.
For the year ending March 31, 2018, the company expects sales of ¥290,000 million, operating income of ¥31,700 million, ordinary income of ¥31,100 and net income of ¥21,600 million or ¥78.39 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 Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
MISUMI GROUP INC. 
