YOKOWO : THE FIRST QUARTER OF FISCAL 2016 ENDED JUNE 30, 2016 (15KB)
August 05, 2016 at 05:35 am EDT
Share
ASSETS
Current assets
Q1/FY2016 FY2015
Jun 30, 2016 Mar 31, 2016
(Thousands of yen)
Inc/(Dec)
Cash and deposits
4,510,676
4,055,233
455,443
Receivables:
Notes and accounts receivable-trade
8,128,065
8,440,987
(312,922)
Allowance for doubtful accounts
(14,376)
(15,764)
1,388
Inventories
5,118,058
5,384,944
(266,886)
Other
1,326,875
1,301,429
25,446
Total current assets
19,069,298
19,166,829
(97,531)
Noncurrent assets
Net property, plant and equipment
7,084,154
7,427,107
(342,953)
Intangible assets
694,719
721,441
(26,722)
Investments and other non-current assets
1,940,940
2,133,082
(192,142)
Total noncurrent assets
9,719,813
10,281,630
(561,817)
Total assets
28,789,111
29,448,459
(659,348)
LIABILITIES
Current liabilities
Q1/FY2016 FY2015
Jun 30, 2016 Mar 31, 2016
Inc/(Dec)
Notes and accounts payable-trade
4,099,530
3,925,945
173,585
Short-term loans payable
1,378,994
1,509,912
(130,918)
Income taxes payable
91,418
65,983
25,435
Provision for bonuses
201,861
384,034
(182,173)
Other
2,638,600
2,025,577
613,023
Total current liabilities
8,410,403
7,911,451
498,952
Noncurrent liabilities
Long-term loans payable
1,600,000
1,600,000
-
Provision for product warranties
82,764
103,681
(20,917)
Net defined benefit liability
289,520
301,239
(11,719)
Other
533,793
581,274
(47,481)
Total noncurrent liabilities
2,506,077
2,586,194
(80,117)
Total liabilities
10,916,480
10,497,645
418,835
NET ASSETS
Shareholders' equity
Capital stock
3,996,269
3,996,269
-
Capital surplus
3,981,928
3,981,928
-
Retained earnings
10,485,899
10,602,678
(116,779)
Treasury stock
(991,475)
(991,475)
-
Total shareholders' equity
17,472,621
17,589,400
(116,779)
Valuation and translation adjustments
Valuation difference on available-for-sale securities
92,798
201,384
(108,586)
Foreign currency translation adjustment
(46,977)
819,060
(866,037)
Remeasurements of defined benefit plans
330,625
320,526
10,099
Total valuation and translation adjustments
376,446
1,340,970
(964,524)
Subscription rights to shares
23,564
20,444
3,120
Total net assets
17,872,631
18,950,814
(1,078,183)
Total liabilities and net assets
28,789,111
29,448,459
(659,348)
Q1/FY2016 Q1/FY2015
Apr'16-Jun'16 Apr'15-Jun'15
(Thousands of yen)
Inc/(Dec)
Net sales
10,383,224
9,257,757
1,125,467
Costs and expenses
Cost of sales
8,332,082
7,690,003
642,079
Selling, general and administrative expenses
1,512,037
1,450,108
61,929
9,844,119
9,140,111
704,008
Operating income
539,105
117,646
421,459
Other income (expenses)
Interest and dividends income
16,183
21,127
(4,944)
Interest expenses
(11,384)
(7,657)
(3,727)
Foreign exchange gains (losses), net
(367,337)
134,767
(502,104)
Other
(2,432)
(3,032)
600
(364,970)
145,205
(510,175)
Income before income taxes
174,135
262,851
(88,716)
Income taxes
Income taxes-current
128,871
28,465
100,406
Income taxes-deferred
2,006
4,523
(2,517)
Total income taxes
130,877
32,988
97,889
Profit (loss)
43,258
229,863
(186,605)
Profit (loss) attributable to non-controlling interests Profit (loss) attributable to owners of parent
-
43,258
-
229,863
-
(186,605)
Amounts per share of common stock:
Net income Diluted net income
2.16 11.49 (9.33)
- 11.46 (11.46)
Cash dividends applicable to the period - - -
YOKOWO CO., LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Q1/FY2016
Apr'16-Jun'16
Q1/FY2015
Apr'15-Jun'15
Inc/(Dec)
Profit (loss)
43,258
229,863
(186,605)
Other comprehensive income
Valuation difference on available-for-sale securities
(108,586)
192,168
(300,754)
Foreign currency translation adjustment
(866,037)
152,909
(1,018,946)
Remeasurements of defined benefit plans, net of tax
10,099
5,316
4,783
Total other comprehensive income
(964,524)
350,393
(1,314,917)
Comprehensive income
(921,266)
580,256
(1,501,522)
Comprehensive income attributable to abstract
Comprehensive income attributable to owners of the parent Comprehensive income attributable to minority interests
(921,266)
-
580,256
-
(1,501,522)
-
Yokowo Co. Ltd. published this content on 05 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 August 2016 09:35:02 UTC.
Original documenthttp://www.yokowo.co.jp/english/ir/pdf/release_1608.pdf
Public permalinkhttp://www.publicnow.com/view/CBABAA4874F44B6694E8B4174E7375D8A1D617DF
YOKOWO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of various types of electronic equipment. The Company operates in three business segments. The Vehicle Communication equipment segment supplies various of on-board antennas covering broad frequency ranges, including those for inter-vehicle and road-to-vehicle communications in advanced driver assistance systems (ADAS) and automated driving systems, in step with trends towards more compact composite models, media diversification and radio frequency identifier (RFID) support. The Circuit Testing Connectors segment provides connectors and test systems for the front to back-end testing. The Wireless Communication Equipment segment provides connectors for small mobile devices and point of sale (POS) devices.
YOKOWO CO., LTD. 
