Star Micronics Co., Ltd. Reported Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended December 31, 2018; Provides Earnings Guidance for the Interim Period Ending June 30, 2019 and Full Year Ending December 31, 2019
February 13, 2019 at 01:30 am EST
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Star Micronics Co., Ltd. reported consolidated and non-consolidated earnings results for the fiscal year ended December 31, 2018. For the period, on consolidated basis, net sales were JPY 65,939,662,000. Operating income was JPY 9,712,489,000. Net income was JPY 6,919,387,000. Diluted net income per share was JPY 163.42. Net income per share was JPY 186.04.
For the year, on non-consolidated basis, the company reported net sales of JPY 35,415 million. Operating income was JPY 2,927 million. Net income was JPY 2,709 million or JPY 74.18 per share. Diluted net income per share was JPY 64.86.
For the interim period ending June 30, 2019, on consolidated basis, the company expects net sales of JPY 32,800 million, operating income of JPY 4,300 million, ordinary income of JPY 4,400 million, net income attributable to owners of parent of JPY 3,100 million or JPY 86.44 per share.
For the full year ending December 31, 2019, on consolidated basis, the company expects net sales of JPY 66,200 million, operating income of JPY 8,800 million, ordinary income of JPY 9,000 million, net income attributable to owners of parent of JPY 6,300 million or JPY 175.98 per share.
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. Reported Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended December 31, 2018; Provides Earnings Guidance for the Interim Period Ending June 30, 2019 and Full Year Ending December 31, 2019