Amada Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2011; Provides Earnings Guidance for the Fiscal Year 2011
February 01, 2012
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Amada Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2011. For the period, the company reported net sales of JPY 124.8 billion against JPY 109.1 billion a year ago. Operating income was JPY 4.4 billion against JPY 0.4 billion a year ago. Ordinary income was JPY 4.0 billion against JPY 1.0 billion a year ago. Net income was JPY 0.8 billion against JPY 0.0 billion a year ago.
For the year ending March 31, 2012, the company forecasts net sales of JPY 190 billion, operating income of JPY 11 billion, ordinary income of JPY 11.5 billion, and net income of JPY 5.5 billion.
Amada Holdings Co. Ltd. specializes in manufacturing, renting and marketing processing machines. The group also provides maintenance and repair services. Net sales break down by family of products as follows:
- metallurgy machines (80.3): primarily laser and welding machines, cutting and degreasing machines, bending and pressing machines;
- machine tools (19.3%): sawing machine, grinders, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (45.5%), China (4.1%), Asia (10.1%), Europe (18.7%) and North America (21.6%).