Secom Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
November 08, 2017
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SECOM CO.,LTD. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported revenue of ¥446,831 million against ¥4 40,086 million a year ago. Operating profit was ¥61,471 million against ¥62,146 million a year ago. Ordinary profit was ¥66,015 million against ¥67,343 million a year ago. Income before income taxes was ¥66,171 million against ¥66,753 million a year ago. Net income attributable to owners of the parent was ¥41,342 million or ¥189.42 per basic share against ¥40,857 million or ¥187.20 per basic share a year ago. Net cash provided by operating activities was ¥63,508 million against ¥102,645 million a year ago. Payments for purchases of tangible assets were ¥24,623 million against ¥22,144 million a year ago. Payments for purchases of intangible assets were ¥3,056 million against ¥3,635 million a year ago.
For the fiscal year ending March 31, 2018, the company expects revenue of ¥940,000 million, operating profit of ¥132,400 million, ordinary profit of ¥139,200 million, net income attributable to owners of the parent of ¥84,800 million or ¥388.53 per share.
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 Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018