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towa corp (6315) Details

TOWA Corporation designs, develops, manufactures, and sells resin encapsulation systems for semiconductors and LED resin sealed devices, singulation systems and precision molds for manufacturing semiconductors, and fine plastic molded products in Japan and internationally. It also offers manufacturing systems for electronic components; and inspection systems for electronic components, precision-molded and assembly products, medical-use equipment, and electronic-communications equipment. The company provides molding equipment for LED products used in interior lights, flat panel display backlight for TV, and automobile applications; semiconductor products, including stack die packages, MAP-ball grid array (BGA) packages, sensors/module products, wafer-level packages, and large substrates, as well as QFP/SOP packages that are used for mobile digital music players and automobile applications; and for other applications. Its singulation systems are used in MAP-BGA and QFN semiconductors, LED devices, and other advanced applications. The company also offers after-sale services for semiconductor manufacturing equipment. The company was formerly known as TOWA Precision Industries Limited and changed its name to TOWA Corporation in December 1988. TOWA Corporation was founded in 1979 and is headquartered in Kyoto, Japan.

1,073 Employees
Last Reported Date: 06/26/14
Founded in 1979

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towa corp (6315) Key Developments

TOWA Corporation Expects to Pay Dividend for the Year Ending March 31, 2015; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2015

TOWA Corporation expected to pay a dividend of JPY 10 per share for the year ending March 31, 2015 against JPY 10 per share a year ago. The company reported consolidated earnings results for the nine months ended December 31, 2014. For the period, the company reported net sales of JPY 15,668 million, operating income of JPY 1,211 million, ordinary income of JPY 2,000 million and net income of JPY 1,576 million or JPY 63.03 per share compared to net sales of JPY 11,404 million, operating loss of JPY 473 million, ordinary loss of JPY 106 million and net loss of JPY 142 million or JPY 5.70 per share a year ago. For the year ending March 31, 2015, on consolidated basis, the company expects net sales of JPY 21,000 million, operating income of JPY 2,000 million, ordinary income of JPY 2,300 million and net income of JPY 1,800 million or JPY 71.97 per share.

TOWA Corporation to Report Q3, 2015 Results on Feb 09, 2015

TOWA Corporation announced that they will report Q3, 2015 results at 3:30 PM, Tokyo Standard Time on Feb 09, 2015

Towa Corporation Reports Consolidated Financial Results for the Six Months Ended Sep. 30, 2014; Provides Earnings Guidance for the Year Ending Mar. 31, 2015; Provides Dividend Guidance for the Year Ending Mar. 31, 2015

TOWA Corporation reported consolidated financial results for the six months ended Sep. 30, 2014. For the six months, the company reported operating income of ¥1,144 million, and net income of ¥1,088 million or ¥43.53 per basic share on net sales of ¥10,913 million against operating income of ¥67 million, and net income of ¥52 million or ¥2.1 per basic share on net sales of ¥8,328 million for the same period of last year. For the year ending Mar. 31, 2015, the company expects operating income of ¥2,000 million, and net income of ¥1,800 million or ¥71.97 per share on net sales of ¥21,000 million. For the year ending Mar. 31, 2015, the company expects to pay a year end dividend of ¥10 per share.

 

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