Arisawa Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
February 07, 2018
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Arisawa Mfg. Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 30,325 million compared to JPY 25,754 million a year ago. Operating income was JPY 2,636 million compared to JPY 1,151 million a year ago. Ordinary income was JPY 3,193 million compared to JPY 2,013 million a year ago. Profit attributable to owners of the parent was JPY 2,655 million or JPY 73.52 per diluted share compared to JPY 1,478 million or JPY 41.46 per diluted share a year ago. Income before income taxes was JPY 3,642.98 million compared to JPY 2,132.094 million a year ago.
For the year ending March 31, 2018, the company expects consolidated net sales of JPY 39,300 million, operating income of JPY 3,400 million, ordinary income of JPY 4,100 million and profit attributable to owners of the parent of JPY 2,900 million or JPY 80.67 per share.
Arisawa Mfg Co Ltd is a Japan-based mainly engaged in the manufacturing and sales of electronic materials, display materials, electric insulation materials, and industrial structural materials. The Company operates through four segments. Electronic Materials segment produces materials for flexible and rigid printed wiring boards. Industrial Structural Materials segment produces filament winding (FW) moldings, aircraft honeycomb panels and prepregs, pultrusion moldings, fiber reinforced plastic (FRP) ski seats, and others. Electrical Insulation Materials segment produces glass cloth, glass tapes, and prepregs for electric insulation. Display Materials segment produces three-dimensional (3D) display filters, special optical components and others.
Arisawa Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018