Shimano Inc. Reports Consolidated and Non Consolidated Earnings Results for the Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for First Half and Full Year Ending December 31, 2019
The company provided consolidated earnings guidance for first half and full year ending December 31, 2019. For the first half of 2019, the company expects net sales to be ¥177,900 million, operating income of ¥34,600 million, net income of ¥25,600 million, or net income per share basic of ¥276.15.
For the year ending December 31, 2019, the company expects net sales to be ¥365,000 million, operating income of ¥73,000 million, net income of ¥54,000 million, or net income per share basic of ¥582.51.
For the year, the non-consolidated company reported net sales of ¥204,851 million, Operating income of ¥29,708 million, net income of ¥30,418 million, or net income per basic share of ¥328.13 compared with net sales of ¥191,088 million, Operating income of ¥26,359 million, net income of ¥23,509 million, or net income per basic share of ¥253.60 for the same period last year.