Elematec Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
July 26, 2017
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Elematec Corporation reported consolidated earnings results for the first quarter ended June 30, 2017. For the period, the company has posted net sales of ¥50,859 million against ¥44,255 million a year ago. Operating income was ¥1,425 million against ¥815 million a year ago. Profit attributable to owners of parent was ¥843 million or ¥41.19 per share against ¥640 million or ¥31.28 per share a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥205,000 million, Operating income of ¥5,800 million, Profit attributable to owners of parent of ¥3,900 million or ¥190.49 per share.
For the year ending March 31, 2018, the company expects dividend of ¥33.00 per share against paid dividend of ¥10.00 per share a year ago.
Elematec Corp is a Japan-based company mainly engaged in the sale, processing, design and manufacture of electric materials, electronic components and mechanical parts. The Company operates in four regional segments. The Company is engaged in the provision of electrical materials such as substrates, silicon, anisotropic conductive films (ACFs), heat radiation rubbers, high-function films and resins, insulating tapes, high-function adhesives, lens films, anti-reflective materials and inert liquid; electronic components such as connectors, sensors, thermostats, inductors, backlights, fuses and liquid crystal displays (LCDs); mechanical parts such as fiberglass reinforced plastic (FRP) molded products, filters, exterior products, solar panels, power modules and others; other products such as cable accessories, polishing agents, camera monitors and others. The Company operates within the domestic market and to overseas markets, including China, other Asia, Europe and America.
Elematec Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018