Inactive Instrument

SHOWA Corporation

Equities

7274

JP3360300002

Auto, Truck & Motorcycle Parts

Showa Reports Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year 2016

February 12, 2016 at 09:22 am EST

Showa's net income increased marginally, by less than 1% year-on-year, to JPY 7.8 billion in the nine months ended December 31, 2015. The company's operating income grew 22.4% year-on-year to JPY 14.9 billion, but net sales fell 3.4% year-on-year to JPY 193.4 billion.

The company expects to post net income of JPY 9 billion during fiscal year 2016. Operating income and net sales are expected to be JPY 16.7 billion and JPY 259 billion, respectively.

Latest news about SHOWA Corporation

Showa Denko K K : Japan's Showa Denko to sell aluminium business to Apollo	21-01-27	RE
Japanese PM faces mounting pressure over pandemic response	21-01-24	RE
Japan expands COVID state of emergency as people cool to holding Summer Olympics	21-01-12	RE
SHOWA Corporation(TSE:7274) dropped from S&P Global BMI Index	20-10-27	CI
Honda Motor Co., Ltd. completed the acquisition of additional 58.6% stake in SHOWA Corporation for approximately ¥100 billion.	20-10-14	CI
Hitachi plans to sell Hitachi Metals in a deal worth over $6 bln - sources	20-09-29	RE
TS TECH Co., Ltd. completed the acquisition of Honda Cars Saitamakita Co., Ltd. from SHOWA Corporation.	20-05-14	CI
TS TECH Co., Ltd. concluded a share transfer agreement to acquire Honda Cars Saitamakita Co., Ltd. from SHOWA Corporation.	20-03-24	CI
Showa Denko K K : Hitachi makes $5 bln offer for full control of industrial gear unit	20-01-31	RE
Showa Denko K K : Hitachi makes $5 billion offer for full control of industrial gear unit	20-01-31	RE
SHOWA Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ended March 31, 2020	20-01-30	CI
Hitachi, Honda suppliers to merge parts business to cut EV, self-driving costs	19-10-30	RE
Hitachi, Honda suppliers to merge parts business to cut EV, self-driving costs	19-10-30	RE
Honda Motor Co., Ltd. made an offer to acquire remaining 66.5% stake in SHOWA Corporation for approximately ¥120 billion.	19-10-29	CI
Youlchon Chemical : South Korean battery maker LG Chem aims to rely less on Japanese parts amid trade row	19-08-28	RE
Showa Corporation Reports Consolidated Earnings Results for the Three Months Period Ended June 30, 2019; Provides Earnings Guidance for the Year Ended March 31, 2020	19-07-25	CI
Showa Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 25, 2018	18-04-26	CI
Showa Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017	17-01-31	CI
Showa Corporation Reports Consolidated Earnings Results for Six Months Ended September 30, 2016; Provides Earnings Outlook for the Year Ending March 31, 2017; Announces Nil Dividend for Second Quarter of 2017; Provides Dividend Outlook for the Year Ending March 31, 2017	16-10-27	CI
Showa Announces Earnings Results for the First Quarter of Fiscal Year 2017	16-08-31	CI
Showa Reports Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year 2016	16-02-12	CI
Showa Reports Earnings Results for the First Half Ended September 30, 2015; Provides Earning Guidance for the Year 2016	15-11-05	CI
Showa Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Full-Year Ending March 31, 2016	15-10-27	CI
Showa Corp.(TSE:7274) dropped from S&P Japan 500	15-09-24	CI
Showa Reports Earnings Results for the Year Ended March 31, 2015; Provides Earnings Guidance for the Year 2015-2016	15-04-29	CI

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Company Profile

SHOWA CORPORATION is a Japan-based company mainly engaged in the manufacture and sales of motorcycles, automobiles and boat components. The Company operates in four segments. The Motorcycle and General Purpose segment provides products include motorcycle shock absorbers, power tilt and trim products for outboard motors and trim cylinders. The Automobile segment provides products include shock absorbers for automobiles, propeller shafts, automatic transmission parts, differential gears and other drive parts. The Steering Systems segment provides products include electric power steering systems, hydraulic power steering systems and continuously variable transmission (CVT) pumps. The Gas Spring segment provides products include gas springs. Other businesses include the sales of automobiles as well as the manufacture and sales of manufacturing machinery.

Sector

Auto, Truck & Motorcycle Parts

More about the company

Sector Automotive Systems

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