Takeuchi Mfg. Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended August 31, 2017; Provide Earnings Guidance for the Full Year Ending February 28, 2018
October 09, 2017
Share
Takeuchi Mfg. Co., Ltd. reported consolidated earnings results for the first half ended August 31, 2017. For the period, the company reported net sales of ¥52,336 million, operating income of ¥8,269 million, profit attributable to owners of parent of ¥5,788 million or ¥121.39 per share compared with net sales of ¥46,625 million, operating income of ¥9,765 million, net profit attributable to owners of parent of ¥5,460 million or ¥113.65 per share for the same period last year. Ordinary income was ¥8,361 million compared with ¥8,357 million a year ago. Income before income taxes and minority interests was ¥8,362 million compared to ¥8,361 million a year ago. Net cash generated from operating activities was ¥6,017 million compared to ¥2,857 million a year ago. Purchase of property, plant and equipment amounted to ¥281 million compared to ¥808 million a year ago. Purchase of intangible assets amounted ¥75 million compared to ¥88 million a year ago.
For the full year ending February 28, 2018, the company expected net sales of ¥90,000 million, operating income of ¥12,650 million, ordinary income of ¥12,700 million, profit attributable to owners of parent of ¥8,800 million or ¥184.53 per share.
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. Reports Consolidated Earnings Results for the First Half Ended August 31, 2017; Provide Earnings Guidance for the Full Year Ending February 28, 2018