Fuji Electric : Difference between Forecast and Actual Business Results for 1H FY2017 (69KB)
October 26, 2017 at 02:44 am EDT
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October 26, 2017
Company Name: Fuji Electric Co., Ltd. Representative: Michihiro Kitazawa, President and Chairman of the Board of Directors Code Number: 6504, listed on the first sections of TSE, NSE and FSE
Contact: Masayoshi Kisaki, General Manager, Corporate Administration Office
Corporate Management Planning Headquarters
Telephone: +81-3-5435-7213
Difference between Forecast and Actual Business Results for 1H FY2017
The differences between the business result forecasts released on July 27, 2017, and actual business results released today for the first half of fiscal 2017, ended September 30, 2017, are as follows.
Actual Business Results for 1H FY2017 and Previous Forecasts
(¥ million)
Net sales
Operating income
Ordinary income
Net income attributable to owners of parent
Net income per share
Previous forecasts (A)
370,000
7,000
4,500
1,100
1.54 yen
Actuals (B)
395,014
12,742
11,726
6,219
8.71 yen
Difference (B - A)
25,014
5,742
7,226
5,119
―
Change (%)
6.8%
82.0%
160.6%
465.4%
―
FYR: Results for 1H FY2016
351,558
5,870
2,729
22
0.03 yen
Reason for Difference
Net sales exceeded the previously released forecasts due to an increase in demand.
Operating income, ordinary income and net income attributable to owners of parent were higher than previous forecasts due to the benefits of higher demand and cost reduction efforts.
Fuji Electric Co. Ltd. published this content on 26 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2017 06:43:05 UTC.
Original documenthttp://www.fujielectric.com/company/news/box/doc/20171026_revision.pdf
Public permalinkhttp://www.publicnow.com/view/90246D98648B70372D7060F9FC2194535A000641
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).