Takeuchi Mfg. Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended February 29, 2016; Provides Consolidated Earnings Guidance for the First Half of Fiscal Year Ending February 28, 2017 and Year Ending February 28, 2017
April 07, 2016
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Takeuchi Mfg. Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended February 29, 2016. On consolidated basis, net sales were ¥85,218 million against ¥69,893 million last year. Operating income was ¥16,222 million against ¥10,593 million last year. Ordinary income was ¥15,291 million against ¥12,249 million last year. Net income was ¥9,708 million against ¥7,694 million last year. Net income per share was ¥198.14 against ¥157.04 last year. Return on equity was 19.2% against 18.5% last year. Net cash provided by operating activities was ¥12,275 million against ¥5,696 million last year. Income before income taxes and minority interests was ¥15,292 million against ¥12,252 million last year. Income before minority interests was ¥9,708 million against ¥7,694 million last year. Purchase of property, plant and equipment was ¥3,665 million against ¥904 million last year. Purchase of intangible assets was ¥339 million against ¥134 million last year.
On non-consolidated basis, net sales were ¥75,733 million against ¥66,600 million last year. Operating income was ¥14,422 million against ¥10,743 million last year. Ordinary income was ¥14,813 million against ¥12,517 million last year. Net income was ¥10,287 million against ¥8,008 million last year. Net income per share was ¥209.96 against ¥163.45 last year.
For the first half of fiscal year ending February 28, 2017, on consolidated basis, the company expects net sales of ¥42,700 million, operating income of ¥7,600 million, ordinary income of ¥7,100 million, profit attributable to owners of parent of ¥4,600 million or ¥93.89 per share.
For the year ending February 28, 2017, on consolidated basis, the company expects net sales of ¥80,500 million, operating income of ¥12,300 million, ordinary income of ¥11,800 million, profit attributable to owners of parent of ¥7,700 million or ¥157.16 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 and Non-Consolidated Earnings Results for the Year Ended February 29, 2016; Provides Consolidated Earnings Guidance for the First Half of Fiscal Year Ending February 28, 2017 and Year Ending February 28, 2017