C. Uyemura & Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
November 10, 2017
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C. Uyemura & Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported sales of JPY 22,812 million compared to JPY 20,478 million a year ago. Operating profit was JPY 3,860 million compared to JPY 3,001 million a year ago. Ordinary profit was JPY 3,944 million compared to JPY 2,806 million a year ago. Profit attributable to owners of parent was JPY 2,612 million compared to JPY 2,363 million a year ago. Net income of JPY 290.21 per basic share compared to JPY 259.72 per basic share a year ago. Profit before income taxes was JPY 3,935,382,000 compared to JPY 2,805,924,000 a year ago. Net cash provided by operating activities was JPY 3,023,659,000 compared to JPY 2,884,364,000 a year ago. Payment for acquisition of investment securities was JPY 5,307,000 compared to JPY 4,625,000 a year ago. Payment for acquisition of fixed assets was JPY 9,636,000 compared to JPY 6,769,000 a year ago.
For the year ending March 31, 2018 the company expects sales to be JPY 45,890 million, Operating profit to be JPY 7,910 million, Ordinary profit to be JPY 8,140 million, Profit attributable to owners of parent to be JPY 5,050 million and net income per share to be JPY 560.98.
For the year ending March 31, 2018 the company provided dividend guidance of JPY 120.00 per share compared to JPY 140.00 per share paid a year ago.
C.Uyemura & Co.,Ltd. is a Japan-based company principally engaged in the manufacture and sale of surface finishing materials and machinery. The Company operates in four business segments. The Surface Finishing Material segment provides plating solutions for aluminum magnetic discs, plating solutions for printed-circuit boards, industrial use chemical products and non-ferrous metals, among others. The Surface Finishing Machinery segment is engaged in the manufacture and sale of plating machinery for aluminum magnetic discs and printed-circuit boards. The Plating Processing segment is engaged in the process of plating work for plastics and printed circuit boards. The Real Estate Leasing segment is engaged in the leasing of office buildings and condominiums.
C. Uyemura & Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018