Furuya Metal Co., Ltd. Reports Earnings Results for the First Quarter Ended September 30, 2014; Provides Earnings Guidance for the Six Months Ending December 31, 2014 and Year Ending June 30, 2015; Provides Dividend Guidance for the Year Ending June 30, 2015
November 03, 2014
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Furuya Metal Co., Ltd. reported earnings results for the first quarter ended September 30, 2014. For the period, the company reported net sales of JPY 6,271 million against JPY 8,085 million a year ago. Operating income was JPY 589 million against JPY 447 million a year ago. Ordinary income was JPY 638 million against JPY 447 million a year ago. Net profit was JPY 404 million or JPY 56.55 per share against net loss of JPY 2,900 million or JPY 405.33 per share a year ago. Income before income taxes was JPY 638 million against loss before income taxes of JPY 2,878 million a year ago.
For the six months ending December 31, 2014, the company expects net sales of JPY 13,885 million, operating income of JPY 950 million, ordinary income of JPY 900 million and net income of JPY 580 million or 81.01 per share.
For the year ending June 30, 2015, the company expects net sales of JPY 28,200 million, operating income of JPY 2,150 million, ordinary income of JPY 2,050 million and net income of JPY 1,320 million or JPY 184.38 per share.
For the year ending June 30, 2015, the company expects dividend of JPY 40 per share.
FURUYA METAL CO.,LTD is a Japan-based company engaged in manufacturing and sales of industrial precious metal products. The Company operates in four business segments. The Electronic segment is engaged in manufacturing and sales of electronic components used in electronic products. The Thin Film segment is engaged in manufacturing and sales of precious metal targets used for thin film. The Sensor Segment is engaged in manufacturing and sales of temperature sensor used for semiconductor equipment. The Other business segment is engaged in manufacturing and sales of precious metal compound, as well as collection and purification of precious metal.
Furuya Metal Co., Ltd. Reports Earnings Results for the First Quarter Ended September 30, 2014; Provides Earnings Guidance for the Six Months Ending December 31, 2014 and Year Ending June 30, 2015; Provides Dividend Guidance for the Year Ending June 30, 2015