Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2020 and Year Ending December 2020
February 06, 2020
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Dai-ichi Seiko Co., Ltd. reported Consolidated earnings results for the year ended December 31, 2019. Net sales were JPY 54,019 million compared to JPY 52,674 million a year ago. Operating income was JPY 1,505 million compared to JPY 719 million a year ago. Net income attributable to owners of parent was JPY 925 million or JPY 54.83 per basic share compared to loss of JPY 1,882 million or JPY 112.58 per basic share a year ago.
For the six months ending June 30, 2020, the company expects Net sales of JPY 27,500 million, Operating income of JPY 600 million, Net income attributable to owners of parent of JPY 400 million or JPY 21.36 per share.
For the year ending December 2020, the company expects Net sales of JPY 57,500 million, Operating income of JPY 2,400 million, Net income attributable to owners of parent of JPY 1,600 million or JPY 85.46 per share.
I-PEX Inc is a Japan-based company mainly engaged in the manufacture and sale of electronic and electrical components. The Company operates in three business segments. The Electrical and Electronic Component segment manufactures and sells connectors and related parts such as thin wire coaxial connectors and micro radio frequency (RF) coaxial connectors, as well as electronics mechanical parts. The Automobile Part segment is engaged in the manufacture and sale of automobile electrical components, such as in-vehicle sensors, in-vehicle connectors and automotive-related parts. The Equipment segment is engaged in the manufacture and sale of semiconductor resin seal equipment and molds.
Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2020 and Year Ending December 2020
I-PEX INC. 
