Suzuki Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2018; Provides Earnings Guidance for the Year Ending June 30, 2018
May 13, 2018
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Suzuki Co. Ltd. reported consolidated earnings results for the nine months ended March 31, 2018. For the period, the company's net sales were JPY 20,531 million compared to JPY 17,322 million a year ago. Operating income was JPY 1,848 million compared to JPY 1,217 million a year ago. Ordinary income was JPY 1,921 million compared to JPY 1,224 million a year ago. Net income attributable to owners of parent was JPY 1,112 million compared to JPY 664 million a year ago. Net income per share was JPY 89.74 compared to JPY 53.62 a year ago.
The company provided earnings guidance for the year ending June 30, 2018. For the year, the company expects net sales of JPY 26,953 million, operating income of JPY 2,055 million, ordinary income of JPY 2,091 million and net income attributable owners of parent of JPY 1,140 million or JPY 92.09 per share.
SUZUKI CO., LTD. is a Japan-based company primarily engaged in the production and sale of dies, parts and automatic equipment. The Company has three business segments. The Dies segment is engaged in the manufacture and sale of precision press dies and mold dies. The Parts segment is engaged in the manufacture and sale of connector contacts, connector housing products and automobile electric components. The Mechanical Equipment segment is engaged in the manufacture and sale of surface mount technology (SMT) equipment, semiconductor-related equipment and specialized machines, as well as the medical equipment. The Company also conducts leasing business and the sale of power business.
Suzuki Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2018; Provides Earnings Guidance for the Year Ending June 30, 2018
SUZUKI CO.,LTD. 
