Takeuchi Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2015; Provides Earnings Guidance for the Year Ending February 29, 2016
January 12, 2016
Share
Takeuchi Mfg. Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2015. For the period, the company reported net sales of ¥67,988,756 against ¥54,090,419 a year ago. Operating income was ¥12,724,416 against ¥7,959,851 a year ago. Ordinary income was ¥12,887,525 against ¥9,320,702 a year ago. Income before income taxes and minority interests was ¥12,887,785 against ¥9,325,474 a year ago. Net income was ¥8,036,192 against ¥5,824,924 a year ago. Net income per share was ¥164.02 against ¥118.89 a year ago.
For the full year ending February 29, 2016, the company expected net sales of ¥82,000 million, operating income of ¥14,500 million, ordinary income of ¥14,100 million, net income of ¥8,800 million or ¥179.61 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. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2015; Provides Earnings Guidance for the Year Ending February 29, 2016