Shindengen Electric Manufacturing Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
February 08, 2018
Share
Shindengen Electric Manufacturing Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 67,901 million compared to JPY 65,313 million a year ago. Operating profit was JPY 6,052 million compared to JPY 2,521 million a year ago. Ordinary profit was JPY 6,435 million compared to JPY 2,025 million a year ago. Profit before income taxes was JPY 6,435 million compared to JPY 2,025 million a year ago. Profit attributable to owners of parent was JPY 4,952 million or JPY 480.76 per share compared to JPY 1,548 million or JPY 150.28 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 91,000 million, operating profit of JPY 6,500 million, ordinary profit of JPY 6,700 million and profit attributable to owners of parent of JPY 5,400 million or JPY 524.21 per share.
The company provided dividend guidance for the fiscal year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 125.00 per share compared to JPY 12.50 per share a year ago.
Shindengen Electric Manufacturing Co., Ltd. is primarily engaged in the manufacture and sale of semiconductor products, electrical components, power supplies and others. The Company operates in three segments. The Devices segment offers diodes, thyristors, metal-oxide semiconductor field-effect transistors (MOSFETs), high-voltage power integrated circuits (ICs) and power modules, among others. The Electrical segment manufactures electrical equipments for motorcycles and four-wheel vehicles and others. The New Energy segment manufactures power supplies for information and communication equipment, general-purpose inverters, power conditioners for solar power, among others.
Shindengen Electric Manufacturing Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
SHINDENGEN ELECTRIC MANUFACTURING CO.,LTD. 
