Yutaka Giken Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2015 and Year Ending March 31, 2016; Provides Second Quarter End and Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2016
August 06, 2015
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Yutaka Giken Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported revenue of JPY 40,408 million against JPY 35,374 million a year ago. Operating profit was JPY 3,445 million against JPY 3,322 million a year ago. Profit before tax was JPY 3,372 million against JPY 3,286 million a year ago. Profit attributable to owners of parent was JPY 1,615 million against JPY 1,941 million a year ago. Basic earnings per share was JPY 108.98 against JPY 130.96 a year ago. Net cash flows from operating activities was JPY 5,575 million against JPY 3,107 million a year ago. Purchase of property, plant and equipment was JPY 3,369 million against JPY 2,643 million a year ago. Purchase of intangible assets was JPY 133 million against JPY 63 million a year ago.
For the six months ending September 30, 2015, the company expects consolidated revenue of JPY 77,000 million, operating profit and profit before tax of JPY 5,000 million and profit attributable to owners of parent of JPY 2,700 million or JPY 182.20 per basic share.
For the year ending March 31, 2016, the company expects consolidated revenue of JPY 160,000 million, operating profit and profit before tax of JPY 12,000 million and profit attributable to owners of parent of JPY 6,500 million or JPY 438.63 per basic share.
The company expects second quarter end dividend of JPY 22.00 per share for the fiscal year ending March 31, 2016.
The company expects year-end dividend of JPY 22.00 per share for the fiscal year ending March 31, 2016.
YUTAKA GIKEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive components. The Company operates through five geographical segments include Japan, North America, Asia, China, others. The Companyâs main components include automotive components four wheels such as exhaust system components, drive system components and others, as well as automotive components two wheels, general-purpose components and other components. The Companyâs main products include torque converters, exhaust systems, brake discs, stator cores, rotors and others. The Company operates mainly in Japan, United States, Mexico, Philippines, Indonesia, China, United Kingdom, among others.
Yutaka Giken Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2015 and Year Ending March 31, 2016; Provides Second Quarter End and Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2016