Suzuki Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended September 30, 2019; Provides Earnings Guidance for the Six Months Ending December 2019 and Fiscal Year Ending June 30, 2020
November 10, 2019
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Suzuki Co.,Ltd. reported consolidated earnings results for the quarter ended September 30, 2019. For the quarter, net sales wee JPY 6,677 million compared to JPY 6,641 million a year ago. Operating income was JPY 386 million compared to JPY 444 million a year ago. Ordinary income was JPY 324 million compared to JPY 411 million a year ago. Net income attributable to owners of parent was JPY 143 million compared to JPY 184 million a year ago. Net income per share was JPY 9.98 compared to JPY 12.84 a year ago.
For the first half, the company expects net sales to be JPY 14,079 million, operating income to be JPY 665 million, ordinary income to be JPY 683 million, net income attributable to owners of parent to be JPY 323 million and net income per share to be JPY 22.48.
For the full year, the company expects net sales to be JPY 28,668 million, operating income to be JPY 1,340 million, ordinary income to be JPY 1,364 million, net income attributable to owners of parent to be JPY 668 million and net income per share to be JPY 46.48.
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 Quarter Ended September 30, 2019; Provides Earnings Guidance for the Six Months Ending December 2019 and Fiscal Year Ending June 30, 2020