SE Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Year-End Dividend Guidance for the Year Ending March 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2015
November 06, 2014
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SE Corporation announced consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported net sales of JPY 8,746 million against JPY 8,112 million a year ago. Operating income was JPY 119 million against JPY 359 million a year ago. Ordinary income was JPY 88 million against JPY 377 million a year ago. Net loss was JPY 8 million against net income of JPY 203 million a year ago. Net loss per share was JPY 0.60 against net income per share of JPY 13.60 a year ago. Income before income taxes and minority interests was JPY 110.245 million against JPY 360.747 million last year. Net cash provided by operating activities was JPY 515.744 million against JPY 866.346 million a year ago. Purchase of property, plant and equipment was JPY 148.321 million against JPY 86.023 million a year ago. Purchase of intangible assets was JPY 27.962 million compared to JPY 4.757 million a year ago.
For the year ending March 31, 2015, the company expects year-end dividend per share of JPY 22.00 against JPY 22.00 last year.
For the full year ending March 31, 2015, on consolidated basis, the company expects net sales to be JPY 20,500 million. Operating income is expected to be JPY 1,489 million. Ordinary income is expected to be JPY 1,500 million. Net income is expected to be JPY 834 million. Net income per share is expected to be JPY 55.77.
S E Corporation is primarily engaged in manufacturing construction materials and equipment for repair and reinforcement work. The Company operates in four business segments. The Manufacturing and Selling of Construction Materials and Equipment segment manufactures and sells civil engineering construction materials for use in structures, such as fasteners, bridge collapse prevention devices, cables, and others. The Manufacturing and Selling of Building Materials segment manufactures and sells building materials such as separators, hanging bolts and others. The Construction Consulting segment provides a range of construction consulting service. The Repair and Reinforcement Work segment is engaged in the repair and reinforcement work of bridge structures, tunnels and others, and other construction and inspection of civil engineering and building work.
SE Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Year-End Dividend Guidance for the Year Ending March 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2015