Nihon Seiko Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2015
February 06, 2015 at 06:34 am EST
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Nihon Seiko Co., Ltd. reported unaudited consolidated earnings results for the nine months ended December 31, 2014. Net sales were ¥9,709 million, compared to ¥8,996 million for the last year. Operating income was ¥692 million, compared to ¥552 million for the last year. Net income was ¥450 million, compared to ¥329 million for the last year. Earnings per share were ¥36.88 compared to ¥26.97 for the last year. Income before income taxes and minority interests was ¥711.88 million, compared to ¥539.48 million for the last year.
For the fiscal year ending March 31, 2015, the company expects year-end dividend of ¥5 per share.
For the fiscal year ending March 31, 2015, the company expects net sales of ¥12,800 million, operating income of ¥840 million, ordinary income of ¥850 million and net income of ¥530 million or ¥43.39 per share.
NIHON SEIKO CO., LTD. is a company mainly engaged in the manufacture and sale of antimony products and metallic powder products. The Company operates in two business segments. The Antimony segment involves in the manufacture and sale of flame retardant additives for synthetic resin products; antimony trioxide used as polymerization catalysts of polyester; antimony trisulfide used as antifriction materials of brakes, as well as sodium antimonate, among others. The Metallic Powder segment involves in the manufacture and sale of non-ferrous metal fine powder for electronic components, such as copper powder and precious metal powder for conductive paste and iron alloy powder as soft magnetic material for power inductors, as well as powder metallurgy (coarse powder) for the bearings of precision motors, such as bronze powder, brass powder, tin powder for precision motor bearings, among others. The others business includes the leasing of real estate.
Nihon Seiko Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2015
NIHON SEIKO CO., LTD. 
