Takeuchi Mfg. Co., Ltd. Announces Financial Results for the First Quarter Ended May 31, 2017; Provides Financial Guidance for the First Half and Full Year of the Fiscal Year Ending Mar. 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending Mar. 31, 2018
July 10, 2017
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Takeuchi Mfg. Co., Ltd. announced financial results for the first quarter ended May 31, 2017. For the quarter, the company reported operating income of ¥4,213 million and profit attributable to owners of the parent of ¥2,811 million or ¥58.96 per share on net sales of ¥23,232 million against operating income of ¥4,849 million and profit attributable to owners of the parent of ¥2,854 million or ¥59.01 per share on net sales of ¥21,330 million for the same period of last year. Income before income taxes was ¥15,530 million against ¥15,085 million for the same period of last year. Net cash provided by operating activities was ¥25,724 million against ¥15,709 million for the same period of last year. Acquisition of property and equipment was ¥11,561 million against ¥4,040 million for the same period of last year.
For the first half of fiscal 2018, the company expects, operating income of ¥7,900 million and profit attributable to owners of the parent of ¥5,300 million or ¥111.14 per share on net sales of ¥49,700 million.
For the year ending February 28, 2018, the company expects, operating income of ¥11,700 million and profit attributable to owners of the parent of ¥7,900 million or ¥165.66 per share on net sales of ¥85,700 million.
For the year ending February 28, 2018, the company expects to pay a dividend of ¥29 per share at the end of the year.
Takeuchi Mfg Co Ltd is a Japan-based company principally engaged in the development, manufacture and sale of construction machinery. The Company operates its business through five geographical segments: Japan, the United Sates, the United Kingdom, France and China. The Companyâs main products are deep foundation excavators, disassembled electric mini backhoes, mini excavators and hydraulic excavators, as well as crawler loaders. It also provides standard machines, ultra-small turning machines, crawler loaders to the international market.
Takeuchi Mfg. Co., Ltd. Announces Financial Results for the First Quarter Ended May 31, 2017; Provides Financial Guidance for the First Half and Full Year of the Fiscal Year Ending Mar. 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending Mar. 31, 2018