Senshu Electric Co.,Ltd. Reports Consolidated and Non-Consolidated Financial Results for the Fiscal Year Ended October 31, 2019; Provides Consolidated and Nonconsolidated Earnings Guidance for the Six Months Ending April 2020 and for the Year Ending October 31, 2020
December 09, 2019 at 12:00 am EST
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Senshu Electric Co.,Ltd. reported consolidated and non consolidated and non-consolidated financial results for the fiscal year ended October 31, 2019. For the year, on consolidated basis the company reported sales of JPY 83,676 million against JPY 82,038 million a year ago. Operating profit of JPY 3,979 million against JPY 3,868 million a year ago. Ordinary profit of JPY 4,206 million against JPY 4,105 million a year ago. Profit attributable to owners of parent of JPY 2,714 million against JPY 2,371 million a year ago. Basic earnings per share of JPY 277.04 against JPY 236.36 a year ago.
For the six months ending April 2020, on consolidated basis, the company expects net sales of ¥42,500 million, operating income of ¥1,890 million, ordinary profit of ¥2,000 million, profit attributable to owners of parent of ¥1,300 million or ¥136.80 per basic share.
For the six months ending October 2020, on consolidated basis, the company expects net sales of ¥88,800 million, operating income of ¥4,210 million, ordinary profit of ¥4,420 million, profit attributable to owners of parent of ¥2,920 million or ¥307.28 per basic share.
For the year, on non-consolidated basis the company reported sales of JPY 78,750 million against JPY 77,131 million a year ago. Operating profit of JPY 3,656 million against JPY 3,630 million a year ago. Ordinary profit of JPY 3,858 million against JPY 3,844 million a year ago. Profit of JPY 2,222 million against JPY 2,204 million a year ago. Basic earnings per share of JPY 226.83 against JPY 219.74 a year ago.
For the six months ending April 2020, on non-consolidated basis, the company expects net sales of ¥40,100 million, ordinary profit of ¥1,850 million, profit of ¥1,200 million or ¥126.28 per basic share.
For the year ending October 2020, on non-consolidated basis, the company expects net sales of ¥83,600 million, ordinary profit of ¥4,100 million, profit of ¥2,670 million or ¥280.97 per basic share.
Senshu Electric Co Ltd is a Japan-based company primarily engaged in the sale of wires and cables, electrical materials, information related equipment and others. The Company is engaged in the provision of equipment wires, communication wires, fire protection wires, heat-resistant wires, network cables, thermocouples and compensating wires, instrumentation cables, magnet wires, power cables, control cables, insulated wires, signal cables, various eco cables, lightning rod wires, bare copper wires, robot wires, automobile wires, optical fiber cables and peripheral devices. The Company is also involved in the orders and sales of related control devices.
Senshu Electric Co.,Ltd. Reports Consolidated and Non-Consolidated Financial Results for the Fiscal Year Ended October 31, 2019; Provides Consolidated and Nonconsolidated Earnings Guidance for the Six Months Ending April 2020 and for the Year Ending October 31, 2020