Lasertec Corporation Reports Consolidated Earnings Results for the Six Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending June 30, 2015
January 30, 2015 at 11:00 am EST
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Lasertec Corporation reported consolidated earnings results for the six months ended December 31, 2014. For the period, the company reported net sales of JPY 6,179 million against JPY 5,476 million a year ago. Operating income was JPY 1,751 million against JPY 846 million a year ago. Ordinary income was JPY 1,775 million against JPY 922 million a year ago. Net income was JPY 1,182 million against JPY 609 million a year ago. Diluted net income per share was JPY 52.38 against JPY 26.98 a year ago. Income before income taxes and minority interests was JPY 1,783,215,000 against JPY 890,979,000 a year ago. Net cash used in operating activities was JPY 2,083,032 against JPY 1,149,766,000 a year ago. Purchase of property, plant and equipment was JPY 30,759,000 against JPY 24,280,000 a year ago.
For the year ending June 30, 2015, the company expects net sales of JPY 15,000 million, operating income of JPY 3,800 million, ordinary income of JPY 3,800 million, and net income of JPY 2,400 million or JPY 106.46 net income per share.
Lasertec Corporation specializes in the design, manufacture and marketing of high-precision inspection and measurement equipment and systems, using optical technology. Net sales break down by family of products and services as follows:
- inspection and measurement equipment used in semiconductor manufacturing processes (85.5%): inspection systems for extreme ultraviolet (EUV) blank masks, photomask arrays and silicon carbide wafers;
- services (13%);
- other (2.1%): laser scanning microscopes and inspection and measurement systems used in the liquid crystal, biochemical, medical, metals research, precision components and high-density recording industries, etc.
Net sales are distributed geographically as follows: Japan (10.5%), South Korea (14.2%), Taiwan (31.9%), Asia (10%), the United States (27.8%) and Europe (5.6%).
Lasertec Corporation Reports Consolidated Earnings Results for the Six Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending June 30, 2015