Topcon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
January 30, 2019 at 01:00 am EST
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Topcon Corporation reported consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of ¥103,106 million against ¥101,660 million a year ago. Operating profit was ¥6,758 million against ¥6,227 million a year ago. Profit was ¥2,672 million against ¥2,843 million a year ago. Basic earnings per share was ¥23.75 against ¥27.80 a year ago.
For the year ending March 31, 2019, the company expects net sales of ¥150,000 million, operating profit of ¥15,000 million, profit attributable to owners of parent of ¥7,000 million or ¥66.03 per basic share.
Topcon Corp is mainly engaged in the manufacture and sale of smart infrastructure products, positioning products and eye care products. The Company operates in four business segments. The Smart Infrastructure segment provides total stations, Layout navigators, three-dimensional (3D) mobile measurement systems, three-dimensional (3D) laser scanners, data collectors, theodolites, rotating lasers and pipe lasers, among others. The Positioning Company segment provides global positioning systems (GPSs) for location survey, civil engineering machine control systems, asset management systems and machine control systems for precision agriculture, among others. The Eye Care segment provides fundus cameras, slit lamps, laser photocoagulators, non-contact type Tono meters, lens edgers, vision inspection equipment and others. The Others segment engages in precision measurement business and optical device business.
Topcon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019