Shoei Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending September 30, 2019
January 24, 2019
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Shoei Co., Ltd. reported consolidated earnings results for the first quarter ended December 31, 2018. For the quarter, the company reported net sales of JPY 4,160,582,000 compared to JPY 3,761,719,000 a year ago. Operating profit was JPY 863,618,000 compared to JPY 739,562,000 a year ago. Profit attributable to owners of parent was JPY 585,042,000 or JPY 42.48 per share compared to JPY 503,890,000 or JPY 36.59 per share a year ago.
The company provided earnings guidance for the fiscal year ending September 30, 2019. For the period, the company expects net sales to be of JPY 18,150 million. Operating Income expected to be of JPY 3,440 million. Net income expected to be of JPY 2,390 million. Net income per share expected to be of JPY 173.55.
SHOEI CO., LTD. is a Japan-based company mainly engaged in the manufacturing and sales of motorcycle helmets. The Company is engaged in the manufacturing and sales of helmets for motorcycles, government and other official use, as well as the sales of helmet parts and other products. Through its subsidiaries, the Company is also engaged in the agency administration business and marketing business, as well as the sales of helmets and related components in the Europe and North American areas.
Shoei Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending September 30, 2019