Nissei Asb Machine Co., Ltd. Announces Consolidated Earnings Results for the Year Ended September 30, 2016; Provides Earnings Guidance for the Six Months Ending March 31, 2017 and Year Ending September 30, 2017
November 10, 2016
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Nissei Asb Machine Co., Ltd. announced consolidated earnings results for the year ended September 30, 2016. For the period, the company's net sales were JPY 25,526 million against JPY 25,396 million a year ago. Operating income was JPY 4,525 million against JPY 3,821 million a year ago. Ordinary income was JPY 4,123 million against JPY 4,257 million a year ago. Net income was JPY 2,532 million or JPY 168.66 per diluted share against JPY 2,487 million or JPY 165.63 per diluted share a year ago. Cash flows from operating activities were JPY 2,510 million compared to JPY 1,241 million a year ago. Profit before income taxes was JPY 4,132,395,000 against JPY 4,315,917,000 a year ago. Purchase of property, plant and equipment was JPY 920,204,000 compared to JPY 787,852,000 a year ago. Purchase of intangible assets was JPY 31,448,000 compared to JPY 10,110,000 a year ago.
For the six months ending March 31, 2017, the company expected net sales of JPY 11,000 million, operating income of JPY 1,700 million, ordinary income of JPY 1,700 million and profit attributable to owners of the parent of JPY 1,100 million or JPY 73.25 per share.
For the year ending September 30, 2017, the company expected net sales of JPY 28,000 million, operating income of JPY 5,000 million, ordinary income of JPY 5,000 million and profit attributable to owners of the parent of JPY 3,200 million or JPY 213.09 per share.
NISSEI ASB MACHINE CO., LTD. is a Japan-based company engaged in the manufacture and sale of stretch blow molding machines. The Company mainly manufactures and sells stretch blow molding machines for polyethylene terephthalate (PET) bottles and other plastic bottles, as well as related special molds, auxiliary equipment and parts. The Company operates through five segments: Americas, Europe, South and West Asia, East Asia and Japan.
Nissei Asb Machine Co., Ltd. Announces Consolidated Earnings Results for the Year Ended September 30, 2016; Provides Earnings Guidance for the Six Months Ending March 31, 2017 and Year Ending September 30, 2017