Star Micronics Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Interim Term and Full Year of Fiscal Year Ending December 31, 2019
May 13, 2019 at 02:00 am EDT
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Star Micronics Co., Ltd. announced consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net sales of JPY 14,323 million against JPY 23,884 million a year ago. Operating income was JPY 1,333 million against JPY 4,006 million a year ago. Ordinary income was JPY 1,535 million against JPY 4,069 million a year ago. Net income attributable to owners of parent was JPY 1,100 million against JPY 3,320 million a year ago. Net income per share was JPY 30.68 against JPY 90.16 a year ago. Diluted income per share was JPY 26.70 against JPY 79.22 a year ago.
For the interim term 2019, the company expects net sales to be JPY 32,800 million, operating income to be JPY 4,300 million, ordinary income to be JPY 4,400, net income attributable to owners of parent was JPY 3,100 million, and net income per share to be JPY 86.44.
For the full year 2019, the company expects net sales to be JPY 66,200 million, operating income to be JPY 8,800 million, ordinary income to be JPY 9,000, net income attributable to owners of parent was JPY 6,300 million, and net income per share to be JPY 175.98.
STAR MICRONICS CO.,LTD. is a Japan-based company centered on manufacturing and assembly of small sized precision components and equipment. The Company operates in three segments. The Special Products segment is engaged in manufacturing and sales of small printers. The Machine Tools segment is engaged in manufacturing and sales of machine tools like computerized numerical control (CNC) automatic lathes. The Precision Products segment is engaged in manufacturing and sales of wristwatch components and various components used in automobiles, air conditioners, hard disk drives (HDD) and medical. The Company operates in Japan, the United States, China, Germany, etc.
Star Micronics Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Interim Term and Full Year of Fiscal Year Ending December 31, 2019