Pacific Industrial Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
October 30, 2017
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Pacific Industrial Co., Ltd. announced consolidated earnings results for the second quarter ended September 30, 2017. For the quarter, the company reported net sales of JPY 56,528 million compared to JPY 49,754 million a year ago. Operating income was JPY 3,846 million compared to JPY 4,056 million a year ago. Interest income was JPY 55 million compared to JPY 26 million a year ago. Ordinary income was JPY 4,744 million compared to JPY 4,035 million a year ago. Income before income taxes and non-controlling interests was JPY 4,683 million compared to JPY 4,240 million a year ago. Profit attributable to the owners of parent was JPY 3,405 million or JPY 56.18 per diluted share compared to JPY 3,094 million or JPY 51.08 per diluted share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the year, the company expects net sales of JPY 110,000 million, operating income of JPY 8,700 million, ordinary income of JPY 9,500 million and profit attribute to owners of parent of JPY 6,700 million or JPY 112.31 per share.
For the second quarter ended September 30, 2017, the company announced dividend of JPY 14.00 per share compared to JPY 13.00 per share a year ago.
The company provided dividend guidance for the fiscal year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 14.00 per share compared to JPY 15.00 per share a year ago.
PACIFIC INDUSTRIAL CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of press and resin products, and valve products. The Company operates through two business segments. The Press and Resin Product segment is mainly engaged in the manufacture and sale of wheel caps, engine covers, hood trunk hinges, oil pans and other press and resin products for automobile, as well as press molds, resin molds and other mold products. The Valve Product segment is mainly engaged in the manufacture and sale of tire valves, valve core products, air conditioning valves and other valve products, microcomputer control equipment and other electronic machine products, compressor related products, as well as tire pressure monitoring system (TPMS) products. The Other segment is mainly engaged in the processing of information by computer, the development and sale of software, and the provision of insurance agency service.
Pacific Industrial Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
PACIFIC INDUSTRIAL CO., LTD. 
