Hinmaywa Industries, Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ended March 31, 2018
January 30, 2018
Share
ShinMaywa Industries, Ltd. announced consolidated earnings results for the third quarter ended December 31, 2017. For the period, the company's Net Sales were JPY 145,780 million as compared to JPY 140,871 million a year ago. Operating income was JPY 8,121 million as compared to JPY 8,899 million a year ago. Ordinary profit was JPY 8,503 million as compared to JPY 9,048 million a year ago. Profit before income taxes was JPY 8,323 million as compared to JPY 8,947 million a year ago. Profit attributable to owners of parent was JPY 5,509 million as compared to JPY 5,868 million a year ago. Net income per share was JPY 57.71 as compared to JPY 60.94 a year ago.
The company also provided earnings guidance for the full year ended March 31, 2018. For the period, the company's net sales is expected to be JPY 200,000 million. Operating income is expected to be JPY 11,000 million. Ordinary income expected to be JPY 11,300 million. Profit attributable to owners of parent is expected to be JPY 7,300 million. Net income per share is expected to be JPY 76.47.
ShinMaywa Industries, Ltd. is mainly engaged in the aircraft business, the special vehicle business and other businesses. The Company operates in four segments. The Aircraft segment provides aircrafts, including rescue flying-boats and training support aircrafts, and aircraft parts. The Special Vehicle segment provides dump trucks, tail gate lifters, desorption body trucks, garbage cars and other special vehicles, as well as related parts. The Industrial Equipment and Environment System segment provides submersible pumps, water processing-related facilities and equipment, automatic electric cable processors, film formation equipment, direct drive motors, refuse transfer stations and others. The Parking System segment provides mechanical parking systems and boarding bridges for passenger aircrafts. The Company also involves in the construction of waste disposal facilities, the real estate and software development businesses.
Hinmaywa Industries, Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ended March 31, 2018