Shoei Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2018
November 13, 2017
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Shoei Co., Ltd. reported consolidated earnings results for the year ended September 30, 2017. For the period, the company reported net sales of JPY 15,641,249,000 against JPY 14,138,052,000 a year ago. Operating profit was JPY 3,461,476,000 against JPY 3,145,575,000 a year ago. Ordinary profit was JPY 3,497,127,000 against JPY 3,244,150,000 a year ago. Profit before income taxes was JPY 3,467,791,000 against JPY 3,232,507,000 a year ago. Profit attributable to owners of parent was JPY 2,358,988,000 against JPY 2,192,889,000 a year ago. Net cash provided by operating activities was JPY 1,762,807,000 against JPY 3,174,890,000 a year ago. Purchase of property, plant and equipment was JPY 1,010,071,000 against JPY 826,168,000 a year ago. Purchase of intangible assets was JPY 29,522,000 against JPY 26,493,000 a year ago.
The company provided consolidated earnings guidance for the year ending September 30, 2018. For the year, the company expects net sales of JPY 16,260 million, operating income of JPY 3,560 million, ordinary income of JPY 3,570 million and profit attributable to owners of parent of JPY 2,430 million or JPY 176.45 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 Year Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2018