Elematec Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019
April 25, 2018
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Elematec Corporation announced consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 196,238 million, operating income of JPY 6,480 million, ordinary profit of JPY 6,085 million, profit attributable to owners of parent of JPY 4,376 million or JPY 213.76 per share as compared to net sales of JPY 203,004 million, operating income of JPY 5,406 million, ordinary profit of JPY 5,314 million, profit attributable to owners of parent of JPY 1,342 million or JPY 65.57 per share for the same period prior year. Return on equity was 9.5% against 3.0% a year ago. Cash flows generated from operating activities were JPY 19,257 million against cash flows used in operating activities of JPY 3,309 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 153,262 million, operating income of JPY 2,747 million, ordinary profit of JPY 4,103 million, net income of JPY 3,125 million or JPY 152.68 per share compared to net sales of JPY 162,848 million, operating income of JPY 2,454 million, ordinary profit of JPY 3,828 million, net income of JPY 2,978 million or JPY 145.47 per share for the same period prior year.
The company provided consolidated earnings guidance for the full year ending March 31, 2019. For the year, the company expected net sales of JPY 198,000 million, operating income of JPY 6,600 million, ordinary profit of JPY 6,300 million, profit attributable to owners of parent of JPY 4,500 million or JPY 219.80 per share.
Elematec Corp is a Japan-based company mainly engaged in the sale, processing, design and manufacture of electric materials, electronic components and mechanical parts. The Company operates in four regional segments. The Company is engaged in the provision of electrical materials such as substrates, silicon, anisotropic conductive films (ACFs), heat radiation rubbers, high-function films and resins, insulating tapes, high-function adhesives, lens films, anti-reflective materials and inert liquid; electronic components such as connectors, sensors, thermostats, inductors, backlights, fuses and liquid crystal displays (LCDs); mechanical parts such as fiberglass reinforced plastic (FRP) molded products, filters, exterior products, solar panels, power modules and others; other products such as cable accessories, polishing agents, camera monitors and others. The Company operates within the domestic market and to overseas markets, including China, other Asia, Europe and America.
Elematec Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019