Shin-Etsu Polymer Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the First Half of the Fiscal 2016 and Full Year Ending March 31, 2016
July 21, 2015
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Shin-Etsu Polymer Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2015. For the period, the company reported net sales of ¥18,140 million against ¥17,289 million last year. Operating income was ¥753 million against ¥716 million last year. Income before income taxes and minority interests was ¥1,152 million against ¥729 million last year. Profit attributable to owners of the company was ¥782 million or ¥9.55 per diluted share against ¥452 million or ¥5.57 per diluted share last year.
For the first half of the fiscal 2016, on consolidated basis, the company expects net sales of ¥37,000 million, operating income of ¥1,700 million and profit attributable to owners of the company of ¥1,300 million or ¥15.93 per basic share.
For the year ending March 31, 2016, on consolidated basis, the company expects net sales of ¥73,000 million, operating income of ¥3,400 million and profit attributable to owners of the company of ¥2,500 million or ¥30.64 per basic share.
Shin-Etsu Polymer Co.,Ltd. is a Japan-based company primarily engaged in the manufacture and sale of electronic devices, precision moldings, as well as dwelling environment and living materials. The Company operates in three business segments. The Electronic Device segment is engaged in the manufacture and sale of input devices, display related devices and component related products. The Precise Molded Item segment manufactures and sells semiconductor related containers and carrier tape related products, office automation equipment parts and silicon rubber molding products. The Dwelling Environment and Living Material segment provides exterior material related products, wrapping films, plastic sheets and functional compounds, among others. The Company is also engaged in the design and construction of buildings and stores, as well as the sale of other processed goods, among others.
Shin-Etsu Polymer Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the First Half of the Fiscal 2016 and Full Year Ending March 31, 2016