Takamiya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020
September 18, 2019 at 12:00 am EDT
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Takamiya Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of ¥10,161 million against ¥9,725 million a year ago. Operating income was ¥549 million against ¥255 million a year ago. Profit attributable to owners of parent was ¥362 million against ¥184 million a year ago. Earnings per share were ¥8.45 against ¥4.30 a year ago. Diluted earnings per share were ¥8.20 against ¥4.17 a year ago.
For the six months ending September 30, 2019, the company expects consolidated net sales of ¥21,200 million, operating income of ¥1,180 million, profit attributable to owners of parent of ¥710 million or ¥16.56 per share.
For the year ending March 31, 2020, the company expects consolidated net sales of ¥44,700 million, operating income of ¥3,200 million, profit attributable to owners of parent of ¥1,940 million or ¥45.26 per 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.
Takamiya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020