Shoei Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended March 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending September 30, 2017
April 25, 2017
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Shoei Co., Ltd. reported consolidated earnings results for the six months ended March 31, 2017. For the six months, the company reported net sales of JPY 6,632,542,000 compared to JPY 6,386,375,000 for the same period a year ago. Operating income was JPY 1,522,432,000 compared to JPY 1,487,096,000 last year. Ordinary income was JPY 1,460,189,000 compared to JPY 1,547,457,000 last year. Profit before income taxes was JPY 1,458,843,000 compared to JPY 1,543,011,000 a year ago. Profit attributable to owners of parent was JPY 998,598,000 compared to JPY 1,024,742,000 a year ago. Net income per share was JPY 72.51 compared to JPY 74.40 a year ago.
For the fiscal year ending September 30, 2017, the company expects net income of JPY 1,780 million or JPY 129.24 per share, ordinary income of JPY 2,590 million, and operating income of JPY 2,600 million on net sales of JPY 14,400 million.
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 Six Months Ended March 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending September 30, 2017