Piolax, Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
February 07, 2018
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Piolax, Inc. reported consolidated earnings results for the third quarter ended December 31, 2017. Net sales were JPY 50,613 million compared to JPY 47,466 million a year ago. Operating income was JPY 8,005 million compared to JPY 7,702 million a year ago. Ordinary income was JPY 8,736 million compared to JPY 8,357 million a year ago. Net income attributable to owners of the company was JPY 6,345 million compared to JPY 6,049 million a year ago. Net income per share was JPY 177.17 compared to JPY 168.91 a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales to be JPY 67,000 million, operating income to be JPY 10,000 million, ordinary income to be JPY 11,000 million, net income attributable to the company JPY 7,400 million and net income per share to be JPY 206.62.
PIOLAX, INC. is a Japan-based company principally engaged in the manufacture and sale of automotive related products. The Company operates in two business segments. Automotive Related Business segment is mainly involved in the manufacture and sale of precision springs, industrial fasteners, as well as small unit parts that combine resin and metal to the automobile industry. Medical Equipment Business segment is involved in the manufacture and sale of interventional radiology (IVR), endoscopic treatment, and orthopedic treatment equipment to medical institutions.
Piolax, Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
PIOLAX, INC. 
