Toshiba Machine Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Year Ending March 31, 2020
January 30, 2020
Share
Toshiba Machine Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 87,978 million against JPY 85,758 million a year ago. Operating profit was JPY 2,619 million against JPY 2,231 million a year ago. Profit was JPY 2,511 million against JPY 2,743 million a year ago. Earnings per share was JPY 104.07 against JPY 113.67 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales of JPY 118,000 million, operating profit of JPY 3,300 million, profit attributable to owners of parent of JPY 6,900 million or JPY 285.89 per share.
The company provided year end dividend guidance for the year ending March 31, 2020. For the year, the company expects to pay a year end dividend of JPY 42.50 per share against JPY 42.50 per share paid a year ago.
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 Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Year Ending March 31, 2020
SHIBAURA MACHINE CO.,LTD. 
