Shinmaywa Industries, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
July 30, 2019
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ShinMaywa Industries, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 48,869 million against JPY 46,132 million a year ago. Operating income was JPY 2,198 million against JPY 1,327 million a year ago. Net income attributable to owners of the parent was JPY 1,203 million or JPY 18.46 per share against JPY 1,572 million or JPY 16.47 per share a year ago.
For the fiscal year ending March 31, 2020, the company expects net sales of JPY 230,000 million, operating income of JPY 11,000 million and net income attributable to owners of parent of JPY 6,300 million or JPY 96.64 per share.
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.
Shinmaywa Industries, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
SHINMAYWA INDUSTRIES, LTD. 
