Furuya Metal Co., Ltd. Reports Nonconsolidated Earnings Results for the Nine Months Ended March 31, 2013; Provides Earnings Guidance for the Year Ending June 30, 2013; Provides Dividend Guidance for the Year Ending June 30, 2013
May 08, 2013
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Furuya Metal Co., Ltd. reported nonconsolidated earnings results for the nine months ended March 31, 2013. For the period, the company reported net sales of JPY 21,275 million against JPY 22,004 million a year ago. Operating income was JPY 1,055 million against JPY 1,497 million a year ago. Ordinary income was JPY 1,061 million against JPY 1,470 million a year ago. Net income was JPY 658 million or JPY 91.37 per share against net income of JPY 744 million or JPY 102.86 per share a year ago. Income before income taxes was JPY 1,057 million against income before income taxes of JPY 1,564 million a year ago. Diluted income per share was JPY 91.08 against JPY 102.51 a year ago.
For the year ending June 30, 2014, the company expects net sales of JPY 30,680 million, operating income of JPY 1,320 million, ordinary income of JPY 1,280 million and net income of JPY 780 million or JPY 107.91 per share.
The company provided dividend guidance for the year ending June 30, 2013. For the period, the company expects dividend of JPY 40.00 per share compared to JPY 40.00 per share a year ago.
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 Nonconsolidated Earnings Results for the Nine Months Ended March 31, 2013; Provides Earnings Guidance for the Year Ending June 30, 2013; Provides Dividend Guidance for the Year Ending June 30, 2013
FURUYA METAL CO., LTD. 
