Srg Takamiya Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and Full Year Ending March 31, 2017
May 09, 2016
Share
SRG Takamiya Co., Ltd. announced consolidated earnings results for the year ended March 31, 2016. For the period, the group reported net sales of JPY 34,350 million, operating income of JPY 2,983 million, ordinary income of JPY 2,731 million and profit attributable to owners of parent of JPY 2,153 million or JPY 46.66 per diluted share compared to net sales of JPY 34,261 million, operating income of JPY 3,098 million, ordinary income of JPY 3,325 million and profit attributable to owners of parent of JPY 2,070 million or JPY 44.63 per diluted share reported in the same period last year. Profit before income taxes was JPY 3,322,542,000 against JPY 3,211,609,000 reported last year. Net cash used in operating activities was JPY 1,081,090,000 against JPY 1,620,466,000 a year ago. Purchase of property, plant and equipment was JPY 1,453,236,000 against JPY 1,660,290,000 a year ago. Purchase of intangible assets was JPY 101,812,000 against JPY 52,852,000 a year ago.
The company provided earnings guidance for the six months ending September 30, 2016 and full year ending March 31, 2017. For the six months, the company expects net sales to be JPY 18,000 million. Operating income to be JPY 820 million. Ordinary income to be 700 million. profit attributable to owners of parent of JPY 289 million or JPY 6.61 per diluted share.
For the year, the company expects net sales to be JPY 38,000 million. Operating income to be JPY 3,380 million. Ordinary income to be 3,100 million. profit attributable to owners of parent of JPY 1,950 million or JPY 44.60 per diluted share.
Takamiya Co., Ltd., formerly SRG TAKAMIYA CO., LTD., is a Japan-based company principally engaged in the development, production, sales and rental of temporary machinery and materials for construction use. The temporary materials of the Company include exterior scaffoldings, false work materials, hanging scaffoldings, forming materials, safety and curing materials, as well as temporary roof materials, among others. The Company operates in three segments. The Sales segment is engaged in the manufacture and sales of machinery and materials for construction use. The Rental segment is engaged in the rental of machinery and materials for construction use. The Overseas segment is engaged in the sale and rental of temporary machinery and materials for construction use overseas.
Srg Takamiya Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and Full Year Ending March 31, 2017