Sumida Corporation Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015; Provides Earnings Forecast for the Full Year Ending December 31, 2015; Announces Dividend for the Second Quarter of Fiscal Year 2015, Payable on August 26, 2015; Provides Dividend Guidance for the Third Quarter and Year End of Fiscal Year 2015
July 29, 2015
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Sumida Corporation reported consolidated earnings results for the six months ended June 30, 2015. For the six months, the company's reported consolidated earnings results for the year ended March 31, 2015. For the year, the company's net sales were JPY 43,546 million compared to JPY 37,633 million a year ago. Operating income was JPY 2,227 million compared to JPY 1,332 million a year ago. Ordinary income was JPY 1,899 million compared to JPY 985 million a year ago. Net income was JPY 1,069 million or JPY 46.10 per basic share compared to JPY 687 million or JPY 29.61 per basic share a year ago.
The company provided earnings forecast for the full year ending December 31, 2015. For the year ending December 31, 2015, the company expects net sales of JPY 88,000 million, operating income of JPY 4,400 million, ordinary income of JPY 3,720 million and net income of JPY 2,200 million or JPY 94.78 per share.
The company announced dividend for the second quarter of fiscal year 2015. For the second quarter, the company announced cash dividend of JPY 5.00 per share compare to JPY 5.00 per share paid in a quarter ago. Date on which Dividend Payments to Commence on August 26, 2015.
The company provided dividend guidance for the third quarter and year end of fiscal year 2015. For the third quarter, the company expects to pay dividend of JPY 5 per share compare to JPY 5 per share a quarter ago.
For the year end, the company expects to pay dividend of JPY 5 per share compare to JPY 5 per share a quarter ago.
SUMIDA CORPORATION is a Japan-based company mainly engaged in the research and development, manufacture and sale of various electronic components. The Company operates in two geographical segments including Asia Pacific segment and European Union (EU) segment. The Company is engaged in the research and development, design, manufacture and sale of a range of high frequency coils and electronic components used for audio, video, office automation, automobile and industrial equipment applications. The major products of the Company include power inductors, power transformers, signal magnetic, sensors & actuators, power modules, automotive modules, magnetic materials, ceramics, EMS & flexible connections, among others.
Sumida Corporation Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015; Provides Earnings Forecast for the Full Year Ending December 31, 2015; Announces Dividend for the Second Quarter of Fiscal Year 2015, Payable on August 26, 2015; Provides Dividend Guidance for the Third Quarter and Year End of Fiscal Year 2015
SUMIDA CORPORATION 
