SECOM CO., LTD. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter 2017 and Year Ending March 31, 2018
August 07, 2017
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SECOM CO., LTD. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company's revenue was ¥216,209 million against ¥213,127 million a year ago. Operating profit was ¥29,373 million against ¥30,018 million a year ago. Income before income taxes was ¥32,342 million against ¥31,988 million a year ago. Net income attributable to owners of the parent was ¥20,585 million against ¥20,045 million a year ago. Basic net income per share was ¥94.31 million against ¥91.84 a year ago.
For the six months ending September 30, 2017, the company expects revenue to be ¥445,000 million. Operating profit to be ¥57,900 million. Net income attributable to owners of the parent to be ¥37,400 million or ¥171.36 per share.
For the year ending March 31, 2018, the company expects revenue to be ¥940,000 million. Operating profit to be ¥132,400 million. Net income attributable to owners of the parent to be ¥84,800 million or ¥388.53 per share.
For the second quarter 2017, the company expects to pay dividends of ¥75.00 per share against ¥70.00 per share a year ago.
For the year ending March 31, 2018, the company expects to pay dividends of ¥80.00 per share against ¥75.00 per share a year ago.
Secom Co., Ltd. is No. 1 in Japan of safety services. Net sales break down by activity as follows:
- safety services (49.1%): installation and maintenance of electronic safety systems (primarily buildings access control systems, explosive control systems, electronic equipments of possessions and persons identification, anti-intrusion alarms), VIP protection, funds and valuable objects transportation, etc.;
- medical services (15.8%): home care services, medicines delivery services, sale of medical equipments, etc.;
- sale, installation and maintenance of protection against fire systems (12.4%);
- business process outsourcing and ICT services (10.3%) ;
- insurance services (5.3%): fire, automotive and health insurance;
- geospatial data broadcasting (4.7%);
- development and promotion of real estate assets (2.4%): primarily residential buildings with advanced safety systems.
Japan accounts for 96.1% of net sales.
SECOM CO., LTD. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter 2017 and Year Ending March 31, 2018