Seiko Epson : Consolidated Results for Year Ended March 31, 2016
April 28, 2016 at 02:16 am EDT
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News Release
- TOKYO, Japan, April 28, 2016 -
Consolidated Financial Highlights
Consolidated Statement of Comprehensive Income
Millions of yen
Change
Thousands of U.S. dollars
Year ended March 31
Year ended March 31, 2016
2015
2016
Revenue
1,086,341
1,092,481
0.6%
9,695,429
Business profit (Note)
101,275
84,951
(16.1%)
753,922
Profit from operating activities
131,380
94,026
(28.4%)
834,451
Profit before tax
132,536
91,530
(30.9%)
812,300
Profit for the period
112,785
46,067
(59.2%)
408,830
Profit for the period attributable to owners of the parent company
112,560
45,772
(59.3%)
406,221
Total comprehensive income for the period
145,483
(1,469)
-
(13,036)
Basic earnings per share (in ¥1, $1 unit)
314.61
127.94
1.14
Diluted earnings per share (in ¥1, $1 unit)
-
-
-
(Note) Business profit is calculated by subtracting Cost of sales and Selling, general and administrative expenses from Revenue.
Consolidated Statement of Financial Position
Millions of yen
Thousands of U.S. dollars
March 31, 2015
March 31, 2016
March 31, 2016
Total assets
1,006,282
941,340
8,354,100
Total equity
497,308
470,676
4,177,103
Equity attributable to owners of the parent company
494,325
467,818
4,151,739
Equity attributable to owners of the parent company ratio (%)
49.1%
49.7%
49.7%
Consolidated Statement of Cash Flows
Millions of yen
Change
Thousands of U.S. dollars
Year ended March 31
Year ended March 31, 2016
2015
2016
Net cash provided by (used in) operating activities
108,828
113,054
3.9%
1,003,319
Net cash provided by (used in) investing activities
(32,735)
(51,558)
-
(457,561)
Net cash provided by (used in) financing activities
(55,392)
(67,171)
-
(596,121)
Cash and cash equivalents at end of period
245,330
230,498
(6.0%)
2,045,598
Cash dividends per share
Yen
U.S. dollars
March 31, 2015
March 31, 2016
March 31, 2016
Interim
35.00
30.00
0.26
Year-end
80.00
30.00
0.26
Total
115.00
60.00
0.52
Notes
Seiko Epson Corporation (the 'Company') completed the Company's ordinary shares split with an effective date of April 1, 2015. As a result, each share of the Company's ordinary shares was split into two shares. Basic earnings per share was calculated under the assumption that the shares split took effect at the beginning of the previous fiscal year.
Consolidated Financial Statements are disclosed according to IFRS.
Figures in 'Change' column are comparisons with the same period of the previous year.
Diluted earnings per share is presented only if there are dilutive factors present.
Equity attributable to owners of the parent company is equity excluding non-controlling interest in subsidiaries.
U.S. dollar amounts are included solely for the convenience of readers. These translations should not be construed as representations that the yen amounts actually represent, or have been or could be converted into U.S. dollars at that or any other rate. The rate of ¥112.68 = U.S.$1 as of March 31, 2016 has been used for the purpose of presentation.
Click here to see a full version of the consolidated results and supplementary information, and an explanatory presentation.
Seiko Epson Corporation issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 06:15:30 UTC
Original Document: http://global.epson.com/newsroom/2016/news_20160428.html
Seiko Epson Corporation specializes in the design, manufacturing and marketing of printing, visual communication and watchmaking equipment and systems, and industrial devices. Net sales break down by family of products as follows:
- printing equipment (71%): printers, scanners, copiers, digital presses, fax machines, ticket printers, labellers, etc. for businesses and individuals. The group also offers consumables (ink cartridges, toners, ribbons, etc.);
- visual communication systems (14.2%): multimedia projectors, smart glasses, LCD displays, etc. ;
- watches and industrial products (14.1%): electronic and mechanical watches, wristwatches, chronometers, optoelectronic devices, precision machine tools, robotic systems, mechatronic products, micro-devices, etc.
- other (0.7%).
At the end of March 2021, Seiko Epson operated 27 production sites worldwide.
Net sales are distributed geographically as follows: Japan (22.3%), the United States (21%), China (14.5%) and other (42.2%).