Casio Computer Co., Ltd. Provides Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2012; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2013
January 29, 2013
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Casio Computer Co., Ltd. announced consolidated earnings results for the nine months ended Dec. 31, 2012. For the quarter, the company reported net sales of ¥215,341 million, operating income of ¥12,593 million, net income of ¥7,748 million or ¥28.81 per diluted share as compared to net sales of ¥220,677 million, operating income of ¥5,619 million, net income of ¥361 million or ¥1.23 per diluted share for the same period prior year. Profit before income taxes and minority interests was ¥11,907 million as compared to loss of ¥4,054 million for the same period prior year.
The company provided consolidated earnings guidance for the year ending March 31, 2013. For the year, the company expects net sales of ¥320 billion, operations income of ¥20 billion, net income of ¥10 billion or ¥37.2 per share.
Casio Computer Co., Ltd. specializes in the production and marketing of electronic equipment and components. Net sales break down by family of products as follows:
- electronic equipment (98%): consumer electronic products (calculators, electronic dictionaries, label printers, digital cameras, music instruments, etc.), mobile devices (primarily mobile phones), clocks, digital and analogue watches and other (data projectors, computers, printers, cash registers, etc.);
- other (2%): primarily electronic components.
Casio Computer Co., Ltd. Provides Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2012; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2013