Mori Seiki Co. Ltd. reported consolidated and unconsolidated earnings results for the year ended March 31, 2013. For the period, on consolidated basis the company reported net sales of JPY 148,559 million against JPY 155,320 million for the same period last year. Operating income was JPY 4,134 million against JPY 6,788 million for the same period last year. Ordinary income was JPY 5,005 million against JPY 5,915 million for the same period last year. Income before income taxes and minority interest was JPY 5,637 million against JPY 6,702 million for the same period last year. Net income was JPY 5,170 million or JPY 47.07 per diluted share against JPY 5,619 million or JPY 50.22 per diluted share for the same period last year. Net cash provided in operating activities was JPY 21,421 million against JPY 8,616 million for the same period a year ago. Purchases of tangible fixed assets were JPY 9,928 million against JPY 8,208 million for the same period a year ago. Purchases of intangible fixed assets were JPY 1,993 million against JPY 1,812 million for the same period a year ago. Purchase of investment securities was JPY 60 million against JPY 0.00 million for the same period a year ago. Return on equity was 5.3% against 6% for the same period a year ago. For the period, on unconsolidated basis the company reported net sales of JPY 100,020 million against JPY 108,282 million for the same period last year. Operating income was JPY 3,776 million against JPY 3,668 million for the same period last year. Ordinary income was JPY 4,917 million against JPY 3,814 million for the same period last year. Net income was JPY 4,188 million or JPY 37.72 per diluted share against JPY 1,565 million or JPY 13.90 per diluted share for the same period last year. The company declared dividend for the fiscal 2012. For the year, the company expects to pay a final dividend of JPY 10 per share. Expected payment date of cash dividends as on June 18, 2013. The company provided dividend guidance for the fiscal year 2013. For the year, the company expects to pay a final dividend of JPY 10 per share. The company provided earnings guidance for the fiscal year ending March 31, 2014. For the year, the company expects net sales of JPY 155,000 million, operating income of JPY 7,000 million, ordinary income of JPY 7,500 million and net income of JPY 7,000 or JPY 63.99 per share.

Mori Seiki Co. Ltd., 2012 Earnings Call, May 10, 2013

Mori Seiki Co. Ltd. announced that they will report fiscal year 2012 results on May 10, 2013