Futaba Industrial Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Six Months Ended Sep. 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Provides Dividend Guidance for the Full Year Ending March 31, 2018
October 29, 2017
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Futaba Industrial Co., Ltd. reported consolidated and non-consolidated earnings results for the six months ended Sep. 30, 2017. For the period, on consolidated basis, the company reported net sales of JPY 210,493 million against JPY 201,482 million a year ago. Operating profit was JPY 4,432 million against JPY 2,643 million a year ago. Ordinary profit was JPY 3,899 million against JPY 1,352 million a year ago. Profit attributable to owners of parent was JPY 4,314 million or JPY 48.22 per share against JPY 1,162 million or JPY 16.62 per share a year ago. Profit before income taxes was JPY 5,048 million against JPY 1,352 million a year ago.
For the period, on non-consolidated basis, the company reported net sales of JPY 119,514 million against JPY 113,292 million a year ago. Operating profit was JPY 1,170 million against operating loss of JPY 660 million a year ago. Ordinary profit was JPY 5,650 million against JPY 1,155 million a year ago. Profit was JPY 6,748 million against JPY 1,174 million a year ago. Capital expenditures were JPY 9,708 million against JPY 3,068 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the full year, the company expects net sales of JPY 425,000 million, operating profit of JPY 11,700 million, ordinary profit of JPY 10,500 million, profit attributable to owners of parent of JPY 9,500 million or JPY 106.17 per share, capital expenditures of JPY 24,000 million and depreciation of JPY 21,000 million.
For the year ending March 31, 2018, the company expects to pay a year-end dividend of JPY 10.00 per share against JPY 3.00 per share a year ago.
FUTABA INDUSTRIAL CO., LTD. is a Japan-based company, primarily engaged in the manufacture and sale of automobile assembly parts, information environment equipment parts, as well as jigs and welding machines. The Company operates in four segments. The Japan segment is engaged in the manufacture and sale of automobile parts, information environment equipment parts, as well as jigs and welding machines. The North America segment is engaged in the manufacture and sale of automobile parts. The Europe segment is engaged in the manufacture and sale of automobile parts. The Asia segment is engaged in the manufacture and sale of automobile parts and information environment equipment parts.
Futaba Industrial Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Six Months Ended Sep. 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Provides Dividend Guidance for the Full Year Ending March 31, 2018
FUTABA INDUSTRIAL CO., LTD. 
