Japan Pure Chemical Co., Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year of Fiscal 2018
January 28, 2018
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Japan Pure Chemical Co., Ltd. announced earnings results for the nine months ended December 31, 2017. For the period, the company reported sales of JPY 7,864 million compared with JPY 5,909 million for the same period a year ago. Operating income was JPY 847 million compared with JPY 626 million for the same period a year ago. Ordinary income was JPY 948 million compared with JPY 729 million for the same period a year ago. Net income was JPY 668 million or JPY 115.10 per diluted share compared with JPY 526 million or JPY 90.67 per diluted share for the same period a year ago. Income before income taxes was JPY 949,861,000 compared with JPY 737,109,000 for the same period a year ago.
The company provided non-consolidated earnings guidance for the full year of 2018. For the full year, the company expects to report sales of JPY 8,470 million, operating income of JPY 940 million, ordinary income of JPY 1,030 million and net income of JPY 730 million or JPY 127.08 per basic share.
JAPAN PURE CHEMICAL CO., LTD. is principally engaged in the development, manufacture and sale of precious metals plating chemicals, which are mainly used in the connections of print circuit boards, connectors and lead frames for electronic components. The Company is involved primarily in functional plating, focused on the three metals of gold, silver, and palladium. Gold is used for printed circuit board and semiconductor mounting substrate applications, while gold and palladium are used for connectors. The Company distributes the products in domestic market and to overseas markets.
Japan Pure Chemical Co., Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year of Fiscal 2018