Nippon Chemi-Con Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Fiscal Year Ended March 31, 2018, Payable on June 29, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019
May 10, 2018
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Nippon Chemi-Con Corporation announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 133,362 million against JPY 116,311 million a year ago. Operating income was JPY 5,818 million against JPY 3,338 million a year ago. Ordinary income was JPY 4,416 million against JPY 2,002 million a year ago. Loss attributable to the owners of the parent was JPY 16,056 million against profit of JPY 840 million a year ago. Loss per share was JPY 985.77 against profit per share of 51.57 a year ago. Cash flow from operating activities was JPY 5,305 million against JPY 6,443 million a year ago. Negative return on equity was 28.6% against return on equity of 1.3% a year ago.
For the six months ending September 30, 2018, the company expects net sales of JPY 69,000 million, operating income of JPY 3,500 million, ordinary income of JPY 3,200 million, profit attributable to the owners of the parent of JPY 2,500 million and profit per share of JPY 153.51.
For the year ending March 31, 2019, the company expects net sales of JPY 140,000 million, operating income of JPY 7,500 million, ordinary income of JPY 7,000 million, profit attributable to the owners of the parent of JPY 5,500 million and profit per share of JPY 337.71.
The company announced dividend of JPY 30.00 per share for the fiscal year ended March 31, 2018, payable on June 29, 2018 compared to JPY 3.00 per share paid a year ago.
The company expects to pay dividend of JPY 30.00 per share for the fiscal year ending March 31, 2019 compared to JPY 30.00 per share paid a year ago.
Nippon Chemi-Con Corp is a company primarily engaged in the manufacture and sale of electronic parts. The Company operates in Capacitors segment. The Capacitors segment is engaged in the manufacture, purchase and sale of capacitor products, including aluminum electrolysis capacitors and others, as well as the capacitor materials, such as aluminum electrode foils.
Nippon Chemi-Con Corporation Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Fiscal Year Ended March 31, 2018, Payable on June 29, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019