Fuji Seal International, Inc. Reports Consolidated Earnings Results for the First Half Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
November 06, 2017
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Fuji Seal International, Inc. reported consolidated earnings results for the first half ended September 30, 2017. For the period, the company reported net sales of ¥78,647 million, operating income of ¥7,661 million, ordinary income of ¥7,862 million, net income attributable to owners of parent of ¥3,964 million, earnings per share of ¥69.58 against net sales of ¥74,613 million, operating income of ¥6,284 million, ordinary income of ¥6,169 million, net income attributable to owners of parent of ¥3,517 million, earnings per share of ¥61.73 a year ago. Income before income taxes was ¥5,960 million compared to ¥6,034 million a year ago. Net cash provided by operating activities was ¥3,972 million compared to ¥8,140 million a year ago. Purchase of tangible fixed assets was ¥3,366 million compared to ¥5,955 million a year ago. Purchase of intangible assets was ¥174 million compared to ¥256 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the year, the company expects net sales of ¥150,300 million, operating income of ¥11,800 million, ordinary income of ¥12,350 million, net income attributable to owners of parent of ¥5,650 million and earnings per share of ¥99.17.
FUJI SEAL INTERNATIONAL, INC. is a Japan-based company mainly engaged in the planning, proposing, developing, manufacturing and sales of packaging systems centered on shrink sleeve labels, self-adhesive labels (pressure sensitive labels) and spouted pouches. The Company operates in five segments: Japan segment, the Americas segment, Europe segment, PAGO segment and Association of Southeast Asian Nations (ASEAN) segment. The Company is engaged in the manufacturing and sales of packaging products, packaging machinery and related machinery as well as providing maintenance services. The Companyâs products are used in food, beverages, dairy, home and personal care and pharmaceutical products, etc.
Fuji Seal International, Inc. Reports Consolidated Earnings Results for the First Half Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018