Shizuki Electric Company Inc. Announces Consolidated Financial Results for the Nine Months Ended December, 2018; Provides Consolidated Financial Guidance for the Fiscal Year Ending March, 2019
January 30, 2019 at 11:00 pm EST
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Shizuki Electric Company Inc. announced consolidated financial results for the nine months ended December, 2018. For the period, the company reported net sales of JPY 15,966 million against JPY 14,945 million for the same period a year ago. Operating profit was JPY 765 million against JPY 776 million for the same period a year ago. Profit attributable to owners of parent was JPY 499 million against JPY 1,135 million for the same period a year ago. Basic earnings per share were JPY 15.13 per share against JPY 34.41 per share for the same period a year ago.
For the fiscal year ending March, 2019, the company expects net sales to be JPY 21,000 million. Operating profit is expected to be JPY 1,240 million. Profit attributable to owners of parent is expected to be JPY 650 million. Basic earnings per share is expected to be JPY 19.70 per share.
SHIZUKI ELECTRIC COMPANY INC. is a Japan-based company mainly engaged in the manufacture and sale of film capacitors and related products, as well as the power equipment system business. The Company operates in two business segments. The Capacitor and Module segment is engaged in the manufacture and sale of capacitors for air conditioners, automobiles, washing equipment, ventilation fans, railway vehicles, control equipment and others. The Electric Power Equipment System segment is engaged in the manufacture and sale of electric power equipment such harmonic countermeasure equipment, railway power supply equipment, electric furnace equipment, power receiving and transforming equipment, instantaneous voltage drop compensation devices and others. The Company is also engaged in the information equipment system business. The Company operates within the domestic market and to overseas markets, including the United States, China and Southeast Asian.
Shizuki Electric Company Inc. Announces Consolidated Financial Results for the Nine Months Ended December, 2018; Provides Consolidated Financial Guidance for the Fiscal Year Ending March, 2019
SHIZUKI ELECTRIC COMPANY INC. 
