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innotech corp (9880) Details

Innotech Corporation, together with its subsidiaries, imports and sells electronic design automation (EDA) software, electric components, and semiconductor products. It also develops and sells proprietary products, including testers and CPU boards. The company’s EDA software assists in the designing of LSIs and electronic circuit boards, as well as provides technical support services. In addition, it provides custom ASIC and embedded IP products; various test solutions for semiconductor manufacturing process; and device technologies that assist software development for consumer and industrial applications. Further, the company offers hard disk drives, SSDs, and other memory products; and noise analysis and image processing solutions. Innotech Corporation was founded in 1987 and is headquartered in Yokohama, Japan.

1,044 Employees
Last Reported Date: 06/24/16
Founded in 1987

innotech corp (9880) Top Compensated Officers

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innotech corp (9880) Key Developments

Innotech Corporation Reports Consolidated Earnings Results for First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017

Innotech Corporation reported consolidated earnings results for first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 7,403.504 million against JPY 7,496.565 million a year ago. Operating income was JPY 280.810 million against JPY 203.594 million a year ago. Ordinary income was JPY 287.813 million against JPY 264.564 million a year ago. Profit attributable to owners of parent was JPY 147.980 million or JPY 8.16 per diluted share against JPY 166.624 million or JPY 9.24 per diluted share a year ago. Income before income taxes was JPY 261.922 million against JPY 264.564 million a year ago. For the year ending March 31, 2017, the company expects net sales of JPY 29,500 million, operating income of JPY 850 million, ordinary income of JPY 980 million and profit attributable to owners of parent of JPY 600 million or JPY 34.16 per share.

Innotech Corporation Declares Dividend for the Year Ended March 31, 2016; Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2017; Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended of March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending of March 31, 2017

Innotech Corporation declared full year dividend of ¥7.00 per share for the year ended March 31, 2016 compared with ¥7.00 per share for the same period last year. For the second quarter of fiscal year ending March 31, 2017, the company expects to pay dividend of ¥7.00 per share compared to 7.00 per share for the same period last year. For the fiscal year ending March 31, 2017, the company expects to pay dividend of ¥7.00 per share compared to ¥7.00 per share declared last year. The company reported consolidated and non-consolidated earnings results for the year ended of March 31, 2016. For the period, on a consolidated basis, the company reported net sales of JPY 31,243 million compared to JPY 26,483 million a year ago. Operating income was JPY 1,012 million compared to JPY 722 million a year ago. Ordinary income was JPY 1,162 million compared to JPY 938 million a year ago. Profit attributable to owners of parent was JPY 740 million compared to JPY 553 million a year ago. Earnings per share were JPY 42.13 compared to JPY 31.49 a year ago. Diluted EPS was JPY 40.86 compared to JPY 30.71 a year ago. ROE was 3.2% compared to 2.4% a year ago. ROA was 3.9% compared to 3.2% a year ago. Cash flow from operating activities was JPY 1,506 million compared to JPY 1,114 million a year ago. Profit before income taxes was JPY 1,207,490,000 compared to JPY 858,865,000 a year ago. Purchase of property, plant and equipment was JPY 211,197, 000 compared to JPY 158,126,000 a year ago. Purchase of intangible assets was JPY 180,654,000 compared to JPY 148,907,000 a year ago. For the full year, on a non-consolidated basis, the company reported net sales of JPY 20,448 million compared to JPY 18,514 million a year ago. Operating income was JPY 402 million compared to JPY 192 million a year ago. Ordinary income was JPY 533 million compared to JPY 431 million a year ago. Net income was JPY 316 million compared to JPY 272 million a year ago. Diluted EPS was JPY 17.46 compared to JPY 15.15 a year ago. The company provided consolidated earnings guidance for the year ending of March 31, 2017. For the period, the company expects net sales to be of JPY 29,500 million. Operating income expected to be of JPY 850 million. Ordinary income expected to be of JPY 980 million. Profit attributable to owners of parent expected to be of JPY 600 million. Earnings per share expected to be of JPY 34.16.

Innotech Corporation to Report Fiscal Year 2016 Results on May 12, 2016

Innotech Corporation announced that they will report fiscal year 2016 results on May 12, 2016

 

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