Elematec Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
January 30, 2018
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Elematec Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the period, net sales were JPY 153,135 million against JPY 150,161 million a year ago. Operating income was JPY 5,168 million against JPY 3,950 million a year ago. Ordinary profit was JPY 4,882 million against JPY 4,028 million a year ago. Profit attributable to owners of parent was JPY 3,451 million against JPY 515 million a year ago. Net income per share was JPY 168.58 against JPY 25.19 a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 205,000 million, operating income of JPY 5,800 million, ordinary profit of JPY 5,600 million and profit attributable to owners of parent of JPY 3,900 million or JPY 190.49 per share.
For the year ending March 31, 2018, the company expects to pay a dividend of JPY 33.00 per share compared to JPY 10.00 per share a year ago.
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 Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
ELEMATEC CORPORATION 