Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 27, 2018; Provides Dividend Guidance for the Second Quarter of 2019 and Year Ending March 31, 2019
May 14, 2018
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Nippon Light Metal Holdings Company, Ltd. announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 481,439 million compared to JPY 448,381 million a year ago. Operating profit was JPY 29,893 million compared to JPY 30,225 million a year ago. Ordinary profit was JPY 29,533 million compared to JPY 26,252 million a year ago. Profit attributable to owners of parent was JPY 18,012 million or JPY 29.09 per basic share compared to JPY 19,520 million or JPY 31.46 per diluted share a year ago. Return on equity (ROE) was 10.8% compared to 13.5% a year ago. Net assets per share were JPY 280.93 against JPY 257.82 a year ago. Cash flows from operating activities were JPY 25,868 million compared to JPY 36,488 million a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2018 and year ending March 31, 2019. For the six months ending September 30, 2018, the company expects net sales of JPY 250,000 million, operating profit of JPY 15,000 million, ordinary profit of JPY 14,000 million and profit attributable to owners of parent of JPY 9,000 million or JPY 14.53 per share.
For the year ending March 31, 2019, the company expects net sales of JPY 510,000 million, operating profit of JPY 32,000 million, ordinary profit of JPY 31,000 million and profit attributable to owners of parent of JPY 20,000 million or JPY 32.30 per share.
For the year ended March 31, 2018, the company announced dividend of JPY 4.00 per share against JPY 5.00 per share a year ago. The expected date of dividends payment is June 27, 2018.
For the second quarter of 2019, the company plans to pay dividend of JPY 4.00 per share against JPY 4.00 per share a year ago.
For the year ending March 31, 2019, the company plans to pay dividend of JPY 4.00 per share against JPY 4.00 per share a year ago.
Nippon Light Metal Holdings Company, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of alumina and chemical products, board and extrusion products, processed products, foil and powder product. The Company has four business segments. The Aluminum, Chemicals and Metals segment is engaged in the provision of alumina, aluminum hydroxide, various chemicals, aluminum bullions, aluminum alloys and others. The Board and Extrusion Products segment is engaged in the provision of aluminum sheets and aluminum extrusion products. The Processed Products and Related Business segment is engaged in the provision of processed aluminum products, including electronic materials, industrial components, landscape related products, panels for freezers and refrigerators, transportation related products, and carbon products, as well as the information processing and insurance agency services. The Foil and Powder Products segment is engaged in the provision of foil and powder products.
Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 27, 2018; Provides Dividend Guidance for the Second Quarter of 2019 and Year Ending March 31, 2019