Toshiba Machine Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
July 30, 2019
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Toshiba Machine Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of ¥25,715 million against ¥24,913 million a year ago. Operating loss was ¥388 million against ¥324 million a year ago. Loss was ¥441 million against ¥184 million a year ago. Loss per share basic was ¥18.29 against ¥7.63 a year ago.
For the six months ending September 30, 2019, the company expects net sales of ¥60,000 million, operating profit of ¥2,400 million, profit attributable to owners of parent of ¥2,000 million or ¥82.86 per share.
For the year ending March 31, 2020, the company expects net sales of ¥122,000 million, operating profit of ¥5,300 million, profit attributable to owners of parent of ¥4,400 million or ¥182.30 per share.
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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
SHIBAURA MACHINE CO.,LTD. 
