Nippon Carbon Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2017
October 30, 2017
Share
Nippon Carbon Co., Ltd. reported consolidated earnings results for the nine months ended September 30, 2017. For the period, the company reported net sales of JPY 19,351 million, operating income of JPY 1,373 million, ordinary income of JPY 1,444 million, and profit attributable to owners of parent of JPY 995 million or JPY 89.91 per share, compared to net sales of JPY 16,503 million, operating loss of JPY 972 million, ordinary loss of JPY 1,049 million, and net loss attributable to owners of parent of JPY 1,286 million or JPY 116.04 per share, a year ago. Profit before income taxes was JPY 1,444 million compared to loss before income taxes of JPY 876 million a year ago.
The company provided dividend guidance for the year ending December 31, 2017. The company expects year-end dividend of JPY 50 per share compared to JPY 5 per share a year ago.
The company provided consolidated earnings guidance for the full fiscal year ending December 31, 2017. For the period, the company is expecting its net sales of JPY 26,700 million, operating income of JPY 1,300 million, ordinary income of JPY 1,400 million, and profit attributable to owners of parent of JPY 1,200 million or JPY 108.66 per share.
Nippon Carbon Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of carbon products. The Company operates in three business segments. The Carbon Product-related segment is engaged in the manufacture, processing and sale of carbon products, including artificial graphite electrodes, impervious graphite, isotropic high purity graphite, graphite products for equipment, general carbon fiber and graphitic fiber, lithium-ion battery negative-electrode materials and others. The Silicon Carbide Product-related segment manufactures and processes materials, and sells products. Others segment is engaged in the leasing of real estate properties, as well as manufacture and repair of industrial machinery.
Nippon Carbon Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2017
NIPPON CARBON CO., LTD. 
