Sekisui Plastics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
February 02, 2018
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Sekisui Plastics Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of ¥84,415 million against ¥76,514 million a year ago. Operating income was ¥3,768 million against ¥4,113 million a year ago. Recurring income was ¥3,786 million against ¥3,890 million a year ago. Net income attributable to owners of the parent was ¥2,581 million against ¥2,484 million a year ago. Net income per share was ¥56.28 against ¥53.15 per share a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥112,000 million, operating income of ¥5,500 million, recurring income of ¥5,300 million, net income attributable to owners of the parent of ¥3,500 million or ¥76.32 per share.
Sekisui Kasei Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of foamed plastics and other materials. The Company operates in two business segments. The Life segment is engaged in the manufacture and sale of agriculture and fisheries transport containers, food containers, construction materials related products and among others. The Industry segment is engaged in the manufacture and sale of materials, packaging materials and related products used in automobiles and digital home appliances.
Sekisui Plastics Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018