Fujikura Kasei Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Full Year Ending March 31, 2020
August 09, 2019
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Fujikura Kasei Co., Ltd. reported consolidated earnings results for the three months ended June 30, 2019. For the quarter, the company reported net sales of JPY 13,661 million compared to JPY 14,321 million a year ago. Operating profit was JPY 561 million compared to JPY 895 million a year ago. Profit attributable to owners of parent was JPY 434 million compared to JPY 592 million a year ago. Earnings per share was JPY 13.63 compared to JPY 18.60 a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2019 and full year ending March 31, 2020. For the six months ending September 30, 2019, The company expects net sales to be of JPY 28,000 million. Operating profit expected to be of JPY 1,500 million. Profit attributable to owners of parent expected to be of JPY 1,100 million.
For the full year ending September 30, 2019, the company expects net sales to be of JPY 57,000 million. Operating profit expected to be of JPY 1,500 million. Profit attributable to owners of parent expected to be of JPY 2,500 million.
FUJIKURA KASEI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of coatings, paints for buildings, electronic materials, functional materials, chemical products, synthetic resins and other derivative products of acrylic resins. The Company operates in five business segments. The Coating segment offers coating materials that are used in plastics. The Paint segment produces coating materials for construction purpose. The Electronic Materials segment produces conductive resin paints and conductive adhesives. The Chemical Product segment produces binder resins for toners, viscous and adhesive base resins, and other functional resin bases. The Synthetic Resin segment purchases raw materials and processed products of acrylic resin.
Fujikura Kasei Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Full Year Ending March 31, 2020