The Takigami Steel Construction Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year to Date Period Ending September 2018, and Fiscal Year Ending March 31, 2019
May 15, 2018 at 02:40 am EDT
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The Takigami Steel Construction Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of JPY 15,838 million against JPY 15,848 million a year ago. Operating profit was JPY 861 million against JPY 543 million a year ago. Ordinary profit was JPY 1,105 million against JPY 760 million a year ago. Profit attributable to owners of parent was JPY 822 million or JPY 376.76 per basic share against JPY 581 million or JPY 266.58 per basic share a year ago. Rate of return on equity was 2.3% against 1.7% a year ago. Cash flows from operating activities were JPY 2,245 million against JPY 1,257 million a year ago. Net assets per share was JPY 16,393.83 compared to JPY 16,003.31 a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 12,553 million against JPY 13,055 million a year ago. Operating profit was JPY 407 million against JPY 436 million a year ago. Ordinary profit was JPY 1,097 million against JPY 1,762 million a year ago. Profit was JPY 942 million or JPY 431.89 per basic share against JPY 1,615 million or JPY 740.16 per basic share a year ago.
For the year to date period ending September 2018, on consolidated basis, the company expects to report net sales of JPY 7,000 million, operating profit of JPY 50 million, ordinary profit of JPY 150 million, profit attributable to owners of parent of JPY 150 million or JPY 68.74 per basic share.
For the fiscal year ending March 31, 2019, on consolidated basis, the company expects to report net sales of JPY 15,000 million, operating profit of JPY 200 million, ordinary profit of JPY 400 million, profit attributable to owners of parent of JPY 300 million or JPY 137.48 per basic share.
For the year to date period ending September 2018, on non-consolidated basis, the company expects to report net sales of JPY 5,450 million, ordinary profit of JPY 350 million, profit of JPY 380 million or JPY 174.14 per basic share.
For the fiscal year ending March 31, 2019, on non-consolidated basis, the company expects to report net sales of JPY 11,200 million, ordinary profit of JPY 500 million, profit of JPY 500 million or JPY 229.13 per basic share.
The Takigami Steel Construction Co., Ltd. is a Japan-based company engaged in the design, manufacture and sale of steel structure products. The Company operates in four business segments. The Steel Structure Products Manufacturing segment is engaged in the design, manufacture and construction of steel bridges, iron frames and other steel structure products; the development and sale of precast concrete products for bridges, and sale of asphalt additives. The Real Estate Leasing segment is engaged in the leasing and management of real estate properties. The Materials Sale segment is engaged in processing and sale of steel sheets and various steel materials. The Transportation segment is engaged in transportation of goods and other related business. Through the subsidiary, it also engages in design, manufacture and sale of machinery, automotive machine tools, jigs and tools.
The Takigami Steel Construction Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year to Date Period Ending September 2018, and Fiscal Year Ending March 31, 2019
THE TAKIGAMI STEEL CONSTRUCTION CO., LTD. 
