Seiko Epson : Consolidated Results for the First Quarter Ended June 30, 2017
July 27, 2017 at 03:20 am EDT
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- TOKYO, Japan, July 27, 2017 -
Quarterly Condensed Consolidated Statement of Comprehensive Income
Millions of yen
Change
Thousands of U.S. dollars
Three months ended
June 30,
Three months ended
June 30,
2017
2016
2017
Revenue
239,099
254,805
6.6%
2,275,654
Business profit (Note)
6,468
16,757
159.1%
149,665
Profit from operating activities
6,978
14,689
110.5%
131,186
Profit before tax
6,370
14,455
126.9%
129,097
Profit for the period
4,203
10,304
145.2%
92,024
Profit for the period attributable to owners of the parent company
4,120
10,204
147.7%
91,131
Total comprehensive income for the period
(23,274)
14,468
-
129,213
Basic earnings per share
(in ¥1, $1 unit)
11.58
28.97
0.26
Diluted earnings per share
(in ¥1, $1 unit)
11.58
28.97
0.26
(Note) Business profit is calculated by subtracting Cost of sales and Selling, general and administrative expenses from Revenue.
Quarterly Condensed Consolidated Statement of Financial Position
Millions of yen
Thousands of U.S. dollars
March 31, 2017
June 30, 2017
June 30, 2017
Total assets
974,387
975,772
8,714,584
Total equity
494,722
498,517
4,452,237
Equity attributable to owners of the parent company
492,196
495,985
4,429,624
Equity attributable to owners of the parent company ratio (%)
50.5%
50.8%
50.8%
Quarterly Condensed Consolidated Statement of Cash Flows
Millions of yen
Change
Thousands of U.S. dollars
Three months ended
June 30,
Three months ended
June 30,
2017
2016
2017
Net cash provided by (used in) operating activities
15,903
1,644
(89.7%)
14,682
Net cash provided by (used in) investing activities
(16,580)
(18,304)
-
(163,472)
Net cash provided by (used in) financing activities
(57,376)
(9,223)
-
(82,370)
Cash and cash equivalents at end of period
163,733
196,607
20.1%
1,755,889
Notes
Figures in 'Change' column are comparisons with the same period of the previous year.
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 ¥111.97 = U.S.$1 as of June 30, 2017 has been used for the purpose of presentation.
Seiko Epson Corporation published this content on 30 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 July 2017 07:19:02 UTC.
Original documenthttp://global.epson.com/newsroom/2017/news_20170727.html
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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%).
SEIKO EPSON CORPORATION 
