Suzuki Co.,Ltd. Reports Consolidated and Non-Consolidated Earnings Results Year Ended June 30, 2018; Provides Earnings Guidance for the Six Months Ending Dec. 31, 2018 and Year Ending June 30, 2019; Announces Dividend for the Year Ending June 30, 2018, Expects Starting Date of Dividend Payment is September 28, 2018
August 10, 2018 at 12:54 pm EDT
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Suzuki Co.,Ltd. reported consolidated and non-consolidated earnings results year ended June 30, 2018. For the period, the company has posted consolidated net sales of ¥27,109 million against ¥23,723 million a year ago. Operating income was ¥2,193 million against ¥1,727 million a year ago. Ordinary income was ¥2,206 million against ¥1,676 million a year ago. Net income attributable to owners of parent was ¥1,176 million or ¥92.18 per diluted share against ¥916 million a year ago. ROE was 8.2% against 7.4% a year ago. Ratio of ordinary income to total assets was 10.2% against 8.8% a year ago. Net assets per share were ¥1,093.43 as of June 30, 2018 against ¥1,044.51 a year ago. Cash flows from operating activities were ¥2,436 million against ¥1,975 million a year ago.
For the period, the company has posted non-consolidated net sales of ¥18,374 million against ¥15,364 million a year ago. Operating income was ¥1,800 million against ¥1,183 million a year ago.
Ordinary income was ¥2,041 million against ¥1,465 million a year ago. Net income was ¥1,208 million or ¥94.62 per diluted share against ¥751 million a year ago.
For the six months ending Dec. 31, 2018, the company expects net sales of ¥14,064 million, operating income of ¥774 million, ordinary income of ¥710 million and net income attributable to owners of parent of ¥278 million or ¥19.34 per share.
For the year ending June 30, 2019, the company expects net sales of ¥28,507 million, operating income of ¥2,024 million, ordinary income of ¥1,953 million and net income attributable to owners of parent of ¥1,082 million or ¥72.26 per share.
For the year ending June 30, 2018, the company announced a dividend of ¥13.00 per share. Expected starting date of dividend payment is September 28, 2018.
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 and Non-Consolidated Earnings Results Year Ended June 30, 2018; Provides Earnings Guidance for the Six Months Ending Dec. 31, 2018 and Year Ending June 30, 2019; Announces Dividend for the Year Ending June 30, 2018, Expects Starting Date of Dividend Payment is September 28, 2018
SUZUKI CO.,LTD. 
