Takeuchi Mfg. Co., Ltd. Announces Consolidated Financial Results for the First Quarter Ended May 31, 2016; Provides Dividend Guidance for the Full Year Ending February 28, 2017; Provides Financial Guidance for the First Half to Aug. 31, 2016 and for the Full Year to February 28, 2017
July 10, 2016
Share
Takeuchi Mfg. Co., Ltd. announced consolidated financial results for the first quarter ended May 31, 2016. For the quarter, the company reported operating income of ¥4,849 million and profit attributable to owners of the parent of ¥2,854 million or ¥59.01 per share on net sales of ¥21,330 million against operating income of ¥4,553 million and profit attributable to owners of the parent of ¥3,102 million or ¥63.32 per basic share on net sales of ¥21,485 million for the same period of last year. Profit before income taxes was ¥4,437 million against ¥4,925 million for the same period of last year.
For the first half year ending Aug. 31, 2016, the company expects, operating income of ¥7,600 million and profit attributable to owners of the parent of ¥4,600 million or ¥95.72 per share on net sales of ¥42,700 million.
For the full year ending February 28, 2017, the company expects, operating income of ¥12,300 million and profit attributable to owners of the parent of ¥7,700 million or ¥160.74 per share on net sales of ¥80,500 million.
For the full year ending February 28, 2017, the company expects, to pay an year end dividend of ¥26 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 Mfg. Co., Ltd. Announces Consolidated Financial Results for the First Quarter Ended May 31, 2016; Provides Dividend Guidance for the Full Year Ending February 28, 2017; Provides Financial Guidance for the First Half to Aug. 31, 2016 and for the Full Year to February 28, 2017