Zuken Inc. has announced results for the fiscal year ending March 31, 2014. Zuken reported net sales of 19,772 million yen compared to sales of 17,887 million yen for 2013, an increase of 10.5%. Ordinary income of 848 million yen was realized compared to 489 million yen in 2013, an increase of 73.1%. Net income was 466 million yen compared to 304 million yen in 2013, an increase of 53.5%.
“This has been a good year for Zuken as we significantly surpassed last year’s results. Our success has been achieved, in part, by the introduction of CR-8000 Design Force to new and existing customers, and strong acceptance of our data management solution DS-2 and IT solutions such as visual BOM, with a sales increase of 24.4% this year. Continuing strong worldwide sales of E3.series has been a contributing factor, as well as the introduction of its complementary data management solution, E3.EDM.” - Jinya Katsube, Zuken’s Chief Operating Officer
Financial year summary
The past year has been characterized by stable and consistent growth across the company. Profits increased due to higher sales, even with the investment in strengthening Zuken’s infrastructure, such as establishing the SOZO Center R&D facility in Silicon Valley, United States, and expanding into Poland with a new office in Krakow.
During the year the joint venture Zuken Contact GmbH & Co. KG. launched the E3.EDM engineering data management product for native electrical design data.
Dividend payment remains stable at 14 yen per share including intermediate dividend. This is in line with Zuken’s basic policy to pay stable and continuous dividends to shareholders.
To view an unabridged version of this press release, visit: http://www.zuken.com/en/news/press-releases/2014/07-financial
