Fujikura Kasei Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payment Start from December 5, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018
November 09, 2017
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Fujikura Kasei Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported Net Sales were ¥28,919,472,000 against ¥31,452,243,000 a year ago. Operating profit was ¥1,237,709,000 against ¥1,609,863,000 a year ago. Profit before income taxes was ¥1,329,255,000 against ¥1,686,897,000 a year ago. Profit attributable to owners of parent was ¥1,024,305,000 against ¥1,132,850,000 a year ago. Net cash provided by operating activities was ¥1,605,019,000 against ¥639,729,000 a year ago. Purchase of property, plant and equipment was ¥645,886,000 against ¥773,491,000 a year ago. Purchase of intangible assets was ¥77,454,000 against ¥29,681,000 a year ago. Earnings per share was ¥32.18 against ¥35.2 a year ago. Ordinary profit to be ¥1,364,472,000 against ¥1,686,897,000 a year ago.
For the year ending March 31, 2018, the company expects net sales to be ¥58,000 million. Operating profit to be ¥2,800 million. Profit attributable to owners of parent to be ¥1,900 million. Earnings per share to be ¥59.69. Ordinary profit to be ¥2,800 million.
For the second quarter ended September 30, 2017, the company announced to pay a dividend of ¥8.00 per share against ¥7.00 per share a year ago. The dividend payments date commences from December 5, 2017.
For the year ending March 31, 2018, the company expects to pay a dividend of ¥8.00 per share against ¥9.00 per share a year ago.
FUJIKURA KASEI CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of coatings, paints for buildings, electronic materials, functional materials, chemical products, synthetic resins and other derivative products of acrylic resins. The Company operates in five business segments. The Coating segment offers coating materials that are used in plastics. The Paint segment produces coating materials for construction purpose. The Electronic Materials segment produces conductive resin paints and conductive adhesives. The Chemical Product segment produces binder resins for toners, viscous and adhesive base resins, and other functional resin bases. The Synthetic Resin segment purchases raw materials and processed products of acrylic resin.
Fujikura Kasei Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payment Start from December 5, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018