Yamaichi Electronics Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019
February 08, 2019 at 03:00 am EST
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Yamaichi Electronics Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2018. For the nine months, the company's net sales were JPY 20,833,631,000 compared to JPY 23,366,713,000 a year ago. Operating profit was JPY 2,725,200,000 compared to JPY 3,496,504,000 a year ago. Profit attributable to owners of parent was JPY 1,933,835,000 compared to JPY 2,822,905,000 a year ago. Basic net profit per share was JPY 86.53 compared to JPY 127.56 a year ago. Diluted net profit per share was JPY 86.21 compared to JPY 125.05 a year ago.
The company provided earnings guidance for the full year ending March 31, 2019. For the full year, the company expects net sales of JPY 26,760 million, operating profit of JPY 2,900 million, and profit attributable to owners of parent of JPY 2,180 million or JPY 97.99 per share.
YAMAICHI ELECTRONICS CO., LTD. is mainly engaged in the manufacture and sale of integrated circuit (IC) sockets and structure components. The Test Solution segment is involved in the provision of burn-in sockets, test sockets, probe pins, probe cards, as well as semiconductor test-related services. The Connector Solution segment is involved in the provision of various connectors and IC sockets for mounting use. The Optical-related segment offers filter products for optical equipment and optical communications. The Electronics Manufacturing Service (EMS) segment is engaged in the manufacture and sale of liquid-crystal-related components, as well as the assembling of printed boards for hard disc drives(HDD) and printers.
Yamaichi Electronics Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019