Tabuchi Electric Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal 2017 and Full Year Ending March 31, 2017
The company provided consolidated earnings guidance for the second quarter of fiscal 2017 and full year ending March 31, 2017. For the quarter, the company expects net sales to be JPY 16,000 million. Ordinary loss to be JPY 300 million.
For the year, the company expects net sales to be JPY 40,000 million. Operating income to be JPY 2,000 million. Ordinary income to be JPY 1,600 million. Net income attributable to parent company shareholders to be JPY 1,200 million or JPY 29.69.