Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019; Declares Dividend for the Second Quarter of Year Ending March 31, 2019, Payable on December 05, 2018; Provides Dividend Guidance for the Year Ending March 31, 2019
November 31, 2018
Share
Sekisui Plastics Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2018. For the period, the company announced net sales of JPY 54,570 million compared to JPY 54,701 million a year ago. Operating income was JPY 1,918 million compared to JPY 2,728 million a year ago. Ordinary income was JPY 1,947 million compared to JPY 2,732 million a year ago. Net income attributable to shareholders was JPY 1,315 million or JPY 29.05 per share compared to JPY 1,794 million or JPY 39.14 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2019. For the full year, the company expects to report net sales of JPY 115,000 million, operating income of JPY 5,500 million, ordinary income of JPY 5,400 million and net income attributable to shareholders of JPY 3,600 million or JPY 79.48 per share.
For the second quarter of year ending March 31, 2019, the company declared a dividend of JPY 13.00 per share compared to JPY 12.00 per share paid a year ago. The dividend is payable on December 05, 2018.
For the full year ending March 31, 2019, the company expects to pay a year end dividend of JPY 17.00 per share compared to JPY 15.00 per share declared last year.
Sekisui Kasei Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of foamed plastics and other materials. The Company operates in two business segments. The Life segment is engaged in the manufacture and sale of agriculture and fisheries transport containers, food containers, construction materials related products and among others. The Industry segment is engaged in the manufacture and sale of materials, packaging materials and related products used in automobiles and digital home appliances.
Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019; Declares Dividend for the Second Quarter of Year Ending March 31, 2019, Payable on December 05, 2018; Provides Dividend Guidance for the Year Ending March 31, 2019