Toshiba Machine Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
February 06, 2018
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Toshiba Machine Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the quarter, the company reported net sales of JPY 85,199 million as compared to JPY 78,180 million a year ago. Operating income was JPY 2,947 million as compared to JPY 2,264 million a year ago. Ordinary profit was JPY 5,110 million as compared to JPY 3,187 million a year ago. Profit attributable to owners of parent was JPY 3,475 million as compared to JPY 2,075 million a year ago. Earnings per share were JPY 28.80 as compared to JPY 13.66 a year ago. Profit before income taxes was JPY 4,976 million against JPY 3,184 million a year ago.
The company provided dividend guidance for the year ending March 31, 2018. The company expects to pay dividend of JPY 7.00 per share against JPY 6.00 per share a year ago.
For the year ending March 31, 2018, the company expects net sales of JPY 122,000 million, operating profit of JPY 5,400 million, ordinary profit of JPY 7,400 million, profit attributable to owners of parent of JPY 5,300 million and earning share of JPY 43.91.
Shibaura Machine Co Ltd is a Japan-based company mainly engaged in the provision of molding machines and machine tools. It operates through two business segments. Molding Machine segment is engaged in the manufacture, sale, installation, and maintenance of injection molding machines, extrusion molding machines and die casting machines. Products include all-electric injection molding machine EC-SXIII, EC-SX and EC-S series, hybrid type Injection molding machine ED and IS series, special specification injection molding machine, fine foam molding and control system. Machine Tool segment is engaged in the manufacture, sale, installation and maintenance of machine tools. Products include high-speed shape machines MPJ-M and MPJ series, horizontal boring machines BTD-100R12 and BTD-110H.R13/R16, grinding machines KWA-D and KT-C series. It is also engaged in manufacture and sale of industrial robots, servo motors, computer numerical control (CNC) devices, sewerage-related measuring equipment.
Toshiba Machine Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
SHIBAURA MACHINE CO.,LTD. 
