Sekisui Plastics Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for Year Ended March 31, 2017, Payable June 26, 2017; Provides Dividend Guidance Second Quarter and Fiscal Year 2018; Provides Earnings Guidance for the First Half and Fiscal Year 2018
April 28, 2017
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Sekisui Plastics Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, the consolidated company reported net sales of ¥102,398 million compared to ¥101,559 million, operating income of ¥5,401 million compared to ¥5,118 million, recurring income of ¥5,409 million compared to ¥4,862 million, net income attributable to owners of the parent of ¥3,404 million or ¥73.03 per share compared to ¥3,147 million or ¥67.33 per share for the last year.
The company announced dividend of ¥12.00 per share compared to ¥7.00 per share, payable on June 26, 2017.
The company provided dividend guidance of ¥12.00 per share for the second quarter of fiscal year 2018.
The company provided dividend guidance of ¥13.00 per share for the fiscal year 2018.
The company provided earnings guidance for the first half and fiscal year 2018. For the first half, the company expected net sales of ¥53,300 million, operating income of ¥2,000 million, recurring income of ¥2,000 million, net income attributable to owners of the parent of ¥1,300 million or ¥27.89 per share for the last year.
For the fiscal year 2018, the company expected net sales of ¥112,000 million, operating income of ¥5,800 million, recurring income of ¥5,700 million, net income attributable to owners of the parent of ¥3,800 million or ¥81.52 per share for the last year.
For the year, the non-consolidated company reported net sales of ¥70,169 million compared to ¥71,629 million, operating income of ¥3,829 million compared to ¥3,691 million, recurring income of ¥3,338 million compared to ¥3,939 million, net income attributable to owners of the parent of ¥3,107 million or ¥66.61 per share compared to ¥2,772 million or ¥59.29 per share for the last year.
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 and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for Year Ended March 31, 2017, Payable June 26, 2017; Provides Dividend Guidance Second Quarter and Fiscal Year 2018; Provides Earnings Guidance for the First Half and Fiscal Year 2018