Yutaka Giken Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2019
July 25, 2019
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Yutaka Giken Co.,Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported revenue of JPY 44,311 million against JPY 46,444 million a year ago. Operating profit was JPY 2,678 million against JPY 3,057 million a year ago. Profit for the period was JPY 1,270 million against JPY 1,854 million a year ago. Basic earnings per share were JPY 68.83 against JPY 98.91 a year ago.
The company provided earnings guidance for the full year ending March 31, 2019. For the year, the company expects revenue of JPY 44,311 million, Operating profit of JPY 7,500 million, Profit for the period of JPY 4,100 million and Basic earnings per share of JPY 202.45.
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, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2019
YUTAKA GIKEN CO.,LTD. 
