Fuji Electric Industry Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended January 31, 2020; Provides Dividend Guidance for the Full Year Ending January 31, 2021; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2021
March 09, 2020
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Fuji Electric Industry Co., Ltd. announced consolidated earnings results for the full year ended January 31, 2020. For the period, the company reported net sales of JPY 3,944 million against JPY 3,909 million a year ago. Operating income was JPY 377 million against JPY 376 million a year ago. Net income attributable to equities of parent was JPY 280 million or JPY 47.39 per basic share and JPY 47.20 per diluted share against JPY 277 million or JPY 46.94 per basic share and JPY 46.74 per diluted share a year ago.
The company provided dividend guidance for the full year ending January 31, 2021. For the year, the company expects to pay an interim dividend of JPY 16.00 per share and a final dividend of JPY 16.00 per share.
The company provided earnings guidance for the first half and full year of fiscal 2021. For the first half of fiscal 2021, the company expects to report net sales of JPY 1,950 million, operating income of JPY 59 million and net income attributable to owners of the parent was JPY 50 million or JPY 8.53 per share.
For the full year of fiscal 2021, the company expects to report net sales of JPY 4,000 million, operating income of JPY 252 million and net income attributable to owners of the parent was JPY 189 million or JPY 32.00 per share.
Fuji Electric Industry Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of control switches, connecting devices, electronic devices, pilot lamps and indicators. The control switches include cam-operated switches, auxiliary switches, railway car use switches, pushbutton switches, conductor switches, drum switches and block type terminal blocks, among others. The connecting devices include terminal blocks, high voltage terminal blocks, disconnecting terminal blocks, capacitor built-in terminal blocks, connectors, connector terminal blocks, test terminals and high current contacts. The pilot lamps and indicators include light emitting diode (LED) indicators, multi-window indicators, electromagnetic indicators, flag drop type fault indicators, and indicator lights for railway vehicles. The electronic devices include annunciator relay products, voltage relay products, interface units, telephone relay products and others.
Fuji Electric Industry Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended January 31, 2020; Provides Dividend Guidance for the Full Year Ending January 31, 2021; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2021