Y.A.C. Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
November 10, 2016
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Y.A.C. Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of JPY 17,264 million against JPY 11,102 million a year ago. Operating income was JPY 584 million against JPY 461 million a year ago. Ordinary income was JPY 338 million against JPY 462 million a year ago. Income before income tax was JPY 359,036,000 against JPY 461,396,000 a year ago. Net income was JPY 263 million against JPY 236 million a year ago. Diluted net income per share was JPY 29.29 compared to JPY 26.37 a year ago.
For the full year ending March 31, 2017 on consolidated basis, the company expects net sales of JPY 30,000 million, operating income of JPY 1,500 million, ordinary income of JPY 1,350 million, net income attributable to owners of parent of JPY 890 million and profit for the period per share of JPY 99.68.
Y.A.C. HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the development, design, manufacture, sale and maintenance of display related products, mechatronics related products and cleaning related products. The Company operates in three business segments. The Display Related segment is engaged in the manufacture and sale of liquid crystal related products and precision heat treatment related products, as well as the provision of related services. The Mechatronics Related segment is engaged in the manufacture and sale of hard disk products, semiconductor products, energy saving and clean energy products, solar cell products, industrial instrument products, control communication products, laser process products, precision cutting products and other products, as well as the provision of related services. The Cleaning Related and Other segment is engaged in the manufacture and sale of cleaning products and mold heating products, as well as the provision of related services.
Y.A.C. Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017