topcon corp (7732) Snapshot

To consider the medium term management plan 2015

Topcon Corporation reported consolidated earnings results for the year ended March 31, 2013. For the year, the company reported net sales were ¥97,345 million against ¥98,834 million a year ago. Operating income was ¥5,214 million against ¥2,080 million a year ago. Ordinary income was ¥3,471 million against ¥467 million a year ago. Income before income taxes and minority was ¥2,027 million against loss before income taxes and minority of ¥4,608 million a year ago. Net income was ¥511 million or ¥5.48 per share against net loss of ¥3,686 million or ¥39.80 per share a year ago. Net cash provided by operating activities was ¥3,474 million against ¥47 million a year ago. Purchase of property, plant and equipment was ¥1,778 million against ¥2,198 million a year ago. Purchase of intangible assets was ¥1,606 million against ¥2,229 million a year ago. The company provided earnings guidance for the six months ending September 30, 2013. For the period, the company expects net sales of ¥52,000 million, operating income of ¥3,500 million, Ordinary income of ¥2,800 million and net income of ¥1,200 million or ¥11.11 per share. For the year ending March 31, 2014, the company expects dividend of ¥10.00 per share and year end dividend of ¥5.00 per share. For the year ended March 31, 2013, the company announces dividend of ¥6.00 per share and year end dividend of ¥4.00 per share. The company provided earnings guidance for the full year ending March 31, 2014. For the year, the company expects net sales of ¥110,000 million, operating income of ¥11,500, Ordinary income of ¥10,000 million and net income of ¥5,000 million or ¥46.29 per share.

Topcon Corporation, 2013 Earnings Call, Apr 26, 2013