macnica inc (7631:Tokyo Stock Exchange)
macnica inc (7631) Snapshot
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Macnica, Inc., together with its subsidiaries, engages in the import, export, distribution, processing, and development of electronic components, electronic equipment, and its peripheral equipment and accessories in the United States, Europe, and Asia. It offers approximately 80,000 products, including integrated circuits (IC), electronic devices, network equipment, and software primarily to electrical and electronics manufacturers. The company’s products include programmable logic devices primarily used in network-related equipment and industrial equipment; application specific integrated circuits for use in electronic equipment and consumer appliances; application specific standard products used in telecommunication, image data processing, and other applications; analog ICs for use in the general field of communication, computers, office automation equipment, consumer products, and industrial equipment, as well as in power supply control in electronics; and other standard ICs for various usages, such as DSP, microcomputers, CPUs, and discrete or logic products. Its products also consist of memories comprising DRAM, which is used for the computer’s main memory and other IT applications, and flash memory for use in USB and memory cards; network products consisting of hardware, middleware and security products, and carrier solutions that support service development for mobile phones, iPhones, and next-generation networks; and electronic devices comprising mechanical components, such as quartz vibrators and crystal oscillators; module products, including sensors; and other equipment for installation, such as rackmount power supplies. In addition, it provides technical support services. The company was formerly known as Japan Macnics and changed its name to Macnica, Inc. in March 1992. Macnica, Inc. was founded in 1972 and is headquartered in Yokohama, Japan.
macnica inc (7631) Key Developments
Macnica, Inc., 2013 Earnings Call, Apr 25, 2013
Macnica, Inc. announced that they will report fiscal year 2013 results on Apr 25, 2013
Macnica, Inc. reported consolidated earnings results for the nine months ended December 31, 2012. For the period, the company reported net sales of ¥149,073 million, operating income of ¥4,691 million, ordinary income of ¥4,011 million, income before income taxes of ¥4,286 million, net income of ¥2,655 million or ¥149.99 per share compared to the net sales of ¥143,195 million, operating income of ¥5,428 million, ordinary income of ¥5,428 million, income before income taxes of ¥5,009 million, net income of ¥2,674 million or ¥151.08 per share for the same period year ago. Net cash used in operating activities was ¥3,222 million compared to the net cash provided by operating activities of ¥11,380 million for the same period year ago. Purchase of property and equipment was ¥547 million compared to the ¥451 million for the same period year ago. Purchase of intangible assets was ¥203 million compared to the ¥153 million for the same period year ago. Year-on-year decrease in ordinary income was due to significant changes in foreign exchange rates. Income before minority interests was ¥2,692 million against ¥2,716 million a year ago. The company's projects fiscal year ending March 31, 2013 dividend of ¥20.00 per share compared to the same dividend paid in the previous year. The company revised earnings guidance for the fiscal year ending March 31, 2013. The company now expects net sales of ¥195,000 million, operating income of ¥5,970 million, ordinary income of ¥5,300 million, net income of ¥3,370 million and net income per share of ¥190.3.
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| 7631:JP | ¥2,262.00 JPY | +112.00 | |
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Industry Analysis
7631
Industry Average
| Valuation | 7631 | Industry Range |
| Price/Earnings | 11.0x |
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| Price/Sales | 0.2x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 11.3x |
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| TEV/Sales | 0.0x |
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