Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
February 02, 2017
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Iriso Electronics Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. Net sales were ¥27,775 million, compared to ¥28,769 million for the last year. Operating income was ¥4,479 million, compared to ¥4,819 million for the last year. Ordinary income was ¥4,687 million, compared to ¥5,019 million for the last year. Profit attributable to owners of parent was ¥3,383 million, compared to ¥3,630 million for the last year. Earnings per share were ¥288.14 compared to ¥317.23 for the last year. Profit before income taxes was ¥4,673 million against ¥4,969 million a year ago.
For the fiscal year ending March 31, 2017, the company expects net sales of ¥36,400 million, operating income of ¥6,550 million, ordinary income of ¥6,100 million and Profit attributable to owners of parent of ¥4,400 million or ¥376.17 per share.
IRISO ELECTRONICS CO., LTD. is a Japan-based company that mainly manufactures and sells multiple-pole connectors. The Company is engaged in the development, manufacture and sale of board-to-board connectors for printed circuit board connection, flexible printed circuit (FPC) boards and flexible flat cable (FFC) cable connection for automotive equipment, digital equipment and industrial equipment, as well as other multi-pole connectors such as FPC and FFC connectors and interface connectors for signal connection between devices.
Iriso Electronics Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017