Takeuchi Manufacturing Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2014; Provides Year End Dividend Guidance for the Year Ending February 2015; Provides Consolidated Earnings Guidance for the Full Year Ending February 28, 2015
October 09, 2014
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Takeuchi Manufacturing Co., Ltd. reported consolidated earnings results for the six months ended August 31, 2014. For the first half, the company reported net sales of JPY 37,743 million compared to JPY 28,053 million a year ago. Operating income was JPY 6,055 million compared to JPY 1,777 million a year ago. Ordinary income was JPY 5,965 million compared to JPY 3,016 million a year ago. Net income was JPY 3,640 million or JPY 222.89 per share compared to JPY 2,424 million or JPY 148.44 per share a year ago. Income before income taxes and minority interests was of JPY 5,970.175 million compared to JPY 3,018.257 million a year ago.
The company provided year end dividend guidance for the fiscal year ending February 2015. For the year, the company expects to pay year end dividend of JPY 22.00 compared to JPY 16.00 per share a year ago.
The company provided consolidated earnings guidance for the full year ending February 28, 2015. For the year, the company expects net sales of JPY 67,000 million, operating income of JPY 9,640 million, ordinary income of JPY 9,640 million, net income of JPY 5,910 million or JPY 361.87 per share.
Takeuchi Mfg Co Ltd is a Japan-based company principally engaged in the development, manufacture and sale of construction machinery. The Company operates its business through five geographical segments: Japan, the United Sates, the United Kingdom, France and China. The Companyâs main products are deep foundation excavators, disassembled electric mini backhoes, mini excavators and hydraulic excavators, as well as crawler loaders. It also provides standard machines, ultra-small turning machines, crawler loaders to the international market.
Takeuchi Manufacturing Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2014; Provides Year End Dividend Guidance for the Year Ending February 2015; Provides Consolidated Earnings Guidance for the Full Year Ending February 28, 2015