Harada Industry Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2015; Provides Earnings Guidance for the Half Year and Full Year of Fiscal Year 2015
May 18, 2015
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Harada Industry Co., Ltd. announced consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2015. For the year, on consolidated basis, the company reported net sales of ¥39,778 million against ¥36,470 million a year ago. Operating income was ¥867 million against ¥1,337 million a year ago. Ordinary income was ¥981 million against ¥1,412 million a year ago. Net income was ¥346 million against ¥1,256 million a year ago. Net income per share was ¥15.94 compared to ¥57.76 a year ago. Cash out flow from operating activities was ¥219 million against cash inflow from operating activities of ¥470 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of ¥16,462 million against ¥16,136 million a year ago. Operating income was ¥301 million against ¥1,008 million a year ago. Ordinary income was ¥575 million against ¥1,755 million a year ago. Net income was ¥1,095 million against ¥1,284 million a year ago. Net income per share was ¥50.37 compared to ¥59.03 a year ago.
For the half year of fiscal 2015, the company forecasts net sales of ¥20,500 million, operating income of ¥300 million, ordinary income of ¥250 million, profit attributable to owners of parent of ¥100 million, and net income per share of ¥4.60.
For the full year of fiscal 2015, the company forecasts net sales of ¥41,000 million, operating income of ¥900 million, ordinary income of ¥750 million, profit attributable to owners of parent of ¥350 million, and net income per share of ¥16.09.
HARADA INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment and communications equipment. The Company operates in four segments. Japan segment is involved in the manufacture and sale of automotive equipment and communications equipment. Asia segment is involved in the manufacture and sale of automotive equipment. North and Central America segment is involved in the manufacture and sale of automotive equipment. Europe segment is involved in the sale of automotive equipment. Main products of automotive-related equipment include car radio antennas, relay cables, car television (TV) antennas, car antenna amplifiers, actuators, ETC antennas, and others. The communication related equipment include communication module antennas, radio frequency identification (RFID) antennas, and others. Other products include car accessories and others.
Harada Industry Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2015; Provides Earnings Guidance for the Half Year and Full Year of Fiscal Year 2015