Shindengen Electric Manufacturing Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
November 06, 2016
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Shindengen Electric Manufacturing Co. Ltd. reported consolidated earnings results for the first half ended September 30, 2016. For the period, the company reported net sales of JPY 41,809 million against JPY 49,984 million a year ago. Operating income was JPY 1,238 million against JPY 3,175 million a year ago. Ordinary income was JPY 545 million against JPY 3,202 million a year ago. Profit attributable to owners of parent was JPY 427 million against JPY 2,385 million a year ago. Net income per share basic was JPY 4.15 against JPY 23.15 a year ago. Net assets per share as of September 30, 2016 were JPY 456.11. Income before income taxes was JPY 545 million against JPY 3,081 million a year ago.
The company provided earnings guidance for the year ending March 31, 2017. For the period, the company expects net sales of JPY 87,000 million, operating income of JPY 2,400 million, ordinary income of JPY 1,600 million, profit attributable to owners of parent of JPY 1,300 million and net income per share of JPY 12.62.
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. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
SHINDENGEN ELECTRIC MANUFACTURING CO.,LTD. 
