Shoei Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2017
November 13, 2016
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Shoei Co., Ltd. reported consolidated earnings results for the full year end September 30, 2016. For the period, the company reported net sales of JPY 14,138,052,000 compared to JPY 14,244,062,000 a year ago. Operating income was JPY 3,145,575,000 compared to JPY 3,210,325,000 a year ago. Ordinary income was JPY 3,244,150,000 compared to JPY 3,092,483,000 a year ago. Profit before income taxes was JPY 3,232,507,000 compared to JPY 3,021,880,000 a year ago. Profit attributable to owners of parent was JPY 2,192,889,000 or JPY 145.00 per share compared to JPY 1,996,988,000 or JPY 159.22 per share a year ago. Net cash flow from operating activities was JPY 3,174,890,000 compared to JPY 2,005,962,000 a year ago. Purchase of property, plant and equipment was JPY 826,168,000 compared to JPY 875,259,000 a year ago. Purchase of intangible assets was JPY 26,493,000 compared to JPY 28,844,000 a year ago. Net assets per share as on September 30, 2016 was JPY 761.63 compared to JPY 733.47 as on September 30, 2015.
The company provided consolidated earnings guidance for the full year ending September 30, 2017. For the year, the company expects net sales of JPY 14,400,000, operating income of JPY 2,420,000, ordinary income of JPY 2,420,000 and Profit attributable to owners of parent of JPY 1,660,000 or JPY 120.53 per share.
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 Full Year Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2017