Dai Nippon Printing Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
May 14, 2019 at 12:00 pm IST
Share
Dai Nippon Printing Co. Ltd. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported net sales of JPY 1,401,505 million against JPY 1,412,251 million a year ago. Operating income was JPY 49,898 million against JPY 46,372 million a year ago. Ordinary income was JPY 58,259 million against JPY 50,971 million a year ago. Net loss attributable to parent company shareholders of JPY 35,668 million against income of JPY 27,501 million a year ago. Basic loss per share of JPY 118.22 against income per share of JPY 90.77 a year ago. Diluted income per share of JPY 0.0 against JPY 90.71 a year ago.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 1,416,000 million, operating income of JPY 51,000 million, ordinary income of JPY 58,500 million and net income attributable to owners of parent of JPY 51,000 million or JPY 168.98 per share.
Dai Nippon Printing Co. specializes in printing services. Net sales break down by activity as follows:
- printing of cards, books and business documents (54.1%): microchips, plastic cards, books, magazines, catalogs, administrative forms, brochures, indices, etc.;
- printing of flexible packages and decorative coatings (28.2%): bags, bottles, cardboard boxes, paint papers, wood and metal engraved plates, etc. The group also produces and sells optic films, ink ribbons, etc.;
- manufacturing of electronic components (13.7%): semiconductors components, photolithography masks, projection screens, protection filters for screens, color printers components, etc.;
- production of beverages (4%).
Net sales are distributed geographically as follows: Japan (83%), Asia (10.6%) and other (5.4%).
Dai Nippon Printing Co. Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020