Lintec Corp. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Year End Dividend for the Fiscal Year Ended March 31, 2017, Payable on June 05, 2017; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2018 and Full year Ending March 31, 2018
May 08, 2017
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Lintec Corp. reported consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 205,975 million against JPY 210,501 million a year ago. Operating income was JPY 16,595 million against JPY 17,692 million a year ago. Ordinary income was JPY 15,684 million against JPY 17,623 million a year ago. Profit attributable to owners of parent was JPY 11,450 million against JPY 10,899 million a year ago. Net income per diluted share was JPY 158.46 against JPY 150.86 per share a year ago. Return on equity was 6.6% against 6.4% a year ago. Cash flows from operating activities were JPY 24,361 million against JPY 19,928 million a year ago.
For the year ending March 31, 2018, the company expects net sales of JPY 250,000 million, operating income of JPY 20,000 million, ordinary income of JPY 19,500 million, profit attributable to owners of parent of JPY 13,500 million and net income per share of JPY 187.11.
The company announced year-end dividend of JPY 33 per share for the fiscal year 2017 compared to JPY 27.00 per share announced in the same period last year. The dividend is payable from June 05, 2017.
The company expects to pay year-end dividend of JPY 33 per share for the fiscal year 2018 compared to JPY 33.00 per share announced in the same period last year.
The company expects to pay second quarter of the fiscal year 2018 dividend of JPY 33 per share compared to JPY 27.00 per share announced in the same period last year.
LINTEC Corporation is a Japan-based company mainly involved in the manufacture and sale of printing material and industrial engineering material related products. The Company operates in three business segments. The Printing and Industrial Material-related segment is engaged in the manufacture and sale of adhesive products for seals and labels, label printing machinery, barcode printers, film used for outdoor signages and advertisement, window film, automobile adhesive products and industrial adhesive tape, among others. The Electronic and Optic-related segment provides semiconductor-related adhesive products, semiconductor-related machinery, coating film for laminated ceramic capacitors and optical-related products. The Western Paper and Processing Material-related segment manufactures and sells paper of colorful envelopes, special functional paper, released paper, released film, as well as casting paper for carbon fiber composite materials and synthetic leather.
Lintec Corp. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Year End Dividend for the Fiscal Year Ended March 31, 2017, Payable on June 05, 2017; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2018 and Full year Ending March 31, 2018