Toshiba Machine Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Year Ending March 31, 2019
May 08, 2018
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Toshiba Machine Co., Ltd. announced consolidated earnings results for the year ended March 31, 2018. For the quarter, the company reported net sales of JPY 116,862 million as compared to JPY 111,327 million a year ago. Operating income was JPY 4,640 million as compared to JPY 4,473 million a year ago. Ordinary profit was JPY 6,982 million as compared to JPY 5,406 million a year ago. Profit attributable to owners of parent was JPY 5,016 million as compared to JPY 1,776 million a year ago. Earnings per share were JPY 41.57 as compared to JPY 11.87 a year ago. Profit before income taxes was JPY 6,860 million against JPY 3,523 million a year ago. Net cash provided by operating activities was JPY 6,813 million as compared to JPY 9,948 million a year ago. Purchase of property, plant and equipment was JPY 3,221 million as compared to JPY 2,322 million a year ago. Purchase of intangible assets was JPY 214 million as compared to JPY 195 million a year ago.
For the year ending March 31, 2019, the company expects net sales of JPY 135,000 million, operating profit of JPY 6,900 million, ordinary profit of JPY 7,700 million, profit attributable to owners of parent of JPY 5,700 million and earning share of JPY 47.23.
For the six months ending September 30, 2018, the company expects net sales of JPY 66,000 million, operating profit of JPY 2,800 million, ordinary profit of JPY 3,100 million, profit attributable to owners of parent of JPY 2,400 million and earning share of JPY 19.89.
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 Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Year Ending March 31, 2019