Japan Pure Chemical Co., Ltd. Announces Non-Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Non-Consolidated Earnings Guidance for the Year Ending March 31, 2018
October 22, 2017
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Japan Pure Chemical Co., Ltd. announced non-consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of ¥5,031 million, operating profit of ¥551 million, ordinary profit of ¥602 million and profit of ¥422 million or ¥72.84 per diluted share compared to net sales of ¥3,855 million, operating profit of ¥369 million, ordinary profit of ¥426 million and profit of ¥311 million or ¥53.57 per diluted share reported in the same period last year. Profit before income taxes was ¥604,060,000 against ¥435,511,000 reported last year.
The company provided non-consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of ¥8,470 million, operating profit of ¥940 million, ordinary profit of ¥1,030 million and profit of ¥730 million or earnings per share of ¥127.08.
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 Non-Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Non-Consolidated Earnings Guidance for the Year Ending March 31, 2018