Shindengen Electric Manufacturing Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2015; Announces Dividend for the Year End of Fiscal Year 2015, Payable on June 29, 2015; Provides Dividend Guidance for the Year End of Fiscal Year 2016; Provides Earnings Forecast for the Six Months and Full Year of Fiscal 2016
May 27, 2015
Share
Shindengen Electric Manufacturing Co. Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2015. For the year, on consolidated basis, the company's net sales were JPY 108,255 million compared to JPY 104,564 million a year ago. Operating income was JPY 7,673 million compared to JPY 11,313 million a year ago. Ordinary income was JPY 7,861 million compared to JPY 10,960 million a year ago. Net income was JPY 5,252 million or JPY 50.98 per share compared to JPY 12,129 million or JPY 117.71 per share a year ago. Cash flows from operating activities were JPY 9,027 million compared to JPY 13,145 million a year ago. Income before minority interests were JPY 5,252 million compared to JPY 12,129 million a year ago. Purchases of tangible fixed assets were JPY 5,982 million compared to JPY 3,976 million a year ago. Purchases of intangible assets were JPY 266 million compared to JPY 231 million a year ago.
The company announced dividend for the year end of fiscal year 2015. For the year end, the company announced cash dividend of JPY 10 per share compare to JPY 10 per share paid in a year ago. Date for initiation of dividend payments is June 29, 2015.
The company provided dividend guidance for the year end of fiscal year 2016. For the year end, the company expects to pay dividend of JPY 12.50 per share compare to JPY 10 per share paid in a year ago.
The company provided earnings forecast for the first half and full year of fiscal 2016. For the first half, the company expects net sales of JPY 52,700 million, operating income of JPY 4,200 million, ordinary income of JPY 4,100 million and net income of JPY 2,800 million or JPY 27.18 per share.
For the full year ending March 31, 2016, the company expects net sales of JPY 109,000 million, operating income of JPY 9,500 million, ordinary income of JPY 9,300 million and net income of JPY 6,300 million or JPY 61.15 per share.
For the year, on non-consolidated basis, the company's net sales were JPY 92,638 million compared to JPY 95,522 million a year ago. Operating income was JPY 3,483 million compared to JPY 7,199 million a year ago. Ordinary income was JPY 4,887 million compared to JPY 8,537 million a year ago. Net income was JPY 3,321 million or JPY 32.24 per share compared to JPY 9,849 million or JPY 95.58 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. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2015; Announces Dividend for the Year End of Fiscal Year 2015, Payable on June 29, 2015; Provides Dividend Guidance for the Year End of Fiscal Year 2016; Provides Earnings Forecast for the Six Months and Full Year of Fiscal 2016
SHINDENGEN ELECTRIC MANUFACTURING CO.,LTD. 
