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innotech corp (9880) Details

Innotech Corporation, together with its subsidiaries, is engaged in the import and sale of electronic design automation (EDA) software, electric components, and semiconductor related products in Japan. It also develops and sells proprietary products comprising testers and CPU boards. In addition, it provides technical support services related to EDA software; designs LSI and electronic circuit boards, as well as provides technical support; and offers ASIC and embedded IP products. Further, the company provides test solutions for semiconductor manufacturing process; assists software development for consumer and industrial applications; and sells hard disk drives, SSDs, and other memory storage products. Additionally, it offers logistics support services; and develops image processing systems. The company was founded in 1987 and is headquartered in Yokohama, Japan.

Founded in 1987

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innotech corp (9880) Key Developments

Innotech Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015

Innotech Corporation announced consolidated and non-consolidated earnings results for the year ended March 31, 2014. For the year, on consolidated basis, the company's net sales were ¥23,585 million compared with ¥20,548 million a year ago. Operating income was ¥1,095 million compared with ¥761 million a year ago. Ordinary income was ¥1,241 million compared with ¥918 million a year ago. Net income was ¥527 million or ¥29.47 per diluted share compared with ¥522 million or ¥29.34 per diluted share a year ago. ROE was 2.3% compared with 2.4% a year ago. ROA was 4.5% compared with 3.4% a year ago. Cash flow from operating activities was ¥902 million compared with ¥2,686 million a year ago. Income before income taxes and minority interests was ¥1,015.6 million compared with ¥892.5 million a year ago. Purchase of property, plant and equipment was ¥97.3 million compared with ¥51.8 million a year ago. Purchase of intangible assets was ¥78.2 million compared with ¥43.5 million a year ago. For the year, on non-consolidated basis, the company's net sales were ¥17,570 million compared with ¥14,578 million a year ago. Operating income was ¥665 million compared with ¥270 million a year ago. Ordinary income was ¥840 million compared with ¥456 million a year ago. Net income was ¥300 million or ¥16.75 per diluted share compared with ¥296 million or ¥16.64 per diluted share a year ago. For the year ending March 31, 2015, the company forecasts net sales of ¥26,000 million, operating income of ¥1,150 million, ordinary income of ¥1,250 million, net income of ¥700 million or ¥39.85 per share.

Innotech Corporation to Report Fiscal Year 2014 Results on May 12, 2014

Innotech Corporation announced that they will report fiscal year 2014 results on May 12, 2014

Innotech Corporation, Annual General Meeting, Jun 24, 2014

Innotech Corporation, Annual General Meeting, Jun 24, 2014.

 

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9880:JP ¥476.00 JPY -7.00

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