Yamabiko Corporation Reports Consolidated and Non Consolidated Earnings Results for the Period Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Period Ending June 30, 2019 and December 31, 2019
February 13, 2019 at 01:00 am EST
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Yamabiko Corporation reported consolidated and non consolidated earnings results for the period ended December 31, 2018. For the period, on consolidated basis the company reported net sales of JPY 118,049 million as compared to JPY 102,948 million for the same period last year. Operating profit was JPY 6,290 million as compared to JPY 6,283 million for the same period last year. Ordinary profit was JPY 5,957 million as compared to JPY 6,823 million for the same period last year. Profit attributable to owners of parent was JPY 4,188 million as compared to JPY 4,930 million for the same period last year. Basic earnings per share was JPY 101.39 as compared to JPY 119.33 for the same period last year.
For the period, on non consolidated basis the company reported net sales of JPY 74,274 million as compared to JPY 55,448 million for the same period last year. Operating profit was JPY 2,604 million as compared to JPY 2,365 million for the same period last year. Ordinary profit was JPY 2,977 million as compared to JPY 3,396 million for the same period last year. Profit was JPY 2,296 million as compared to JPY 2,678 million for the same period last year. Basic earnings per share was JPY 55.58 as compared to JPY 64.83 for the same period last year.
For the period ending June 30, 2019, the company expects net sales of JPY 67,000 million, operating profit of JPY 4,900 million, ordinary profit of JPY 4,700 million, profit attributable to owners of parent of JPY 3,700 million and basic earnings per share of JPY 89.55.
For the period ending December 31, 2019, the company expects net sales of JPY 125,000 million, operating profit of JPY 6,500 million, ordinary profit of JPY 6,300 million, profit attributable to owners of parent of JPY 4,500 million and basic earnings per share of JPY 108.91.
YAMABIKO CORPORATION is a manufacturing company. The Company operates in three business divisions. The Small-sized Outdoor Operation Machinery and Agricultural Management Machinery division is engaged in the manufacture and sale of small-sized outdoor operation machinery, including lawn mowers, chainsaws and power blowers, among others; agricultural management machinery, including power sprayers and speed sprayers, among others. The General Industrial Machinery division is engaged in the manufacture and sale of power generators, welding machines and cutting machines, among others. The Others division is engaged in the provision of after service parts and accessories for the Company and others' products.
Yamabiko Corporation Reports Consolidated and Non Consolidated Earnings Results for the Period Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Period Ending June 30, 2019 and December 31, 2019