Elematec Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2016; Declares Dividend for the Year Ended March 31, 2015, Payable on June 22, 2015
April 26, 2015
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Elematec Corporation announced consolidated earnings results for the year ended March 31, 2015. For the year, the company reported net sales of ¥181,876 million, operating income of ¥7,375 million, ordinary income of ¥7,077 million, net income of ¥5,105 million or ¥249.38 per share as compared to net sales of ¥143,442 million, operating income of ¥5,246 million, ordinary income of ¥5,644 million, net income of ¥3,863 million or ¥188.70 per share for the same period prior year. Return on equity was 12.8% against 11.2% a year ago. Net asset per share was ¥2,095.95 against ¥2,095.95 a year ago. Cash flows used in operating activities was ¥5,942 million against cash flows from operating activities of ¥2,132 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of ¥132,740 million, operating income of ¥2,867 million, ordinary income of ¥3,607 million, net income of ¥2,542 million or ¥124.16 per share as compared to net sales of ¥109,944 million, operating income of ¥1,974 million, ordinary income of ¥2,607 million, net income of ¥1,545 million or ¥75.51 per share for the same period prior year. Net assets per share was ¥1,339.76 against ¥1,266.28 a year ago.
The company provided earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales of ¥210,000 million, operating income of ¥7,450 million, ordinary income of ¥7,500 million, net income of ¥5,400 million or ¥263.76 per share.
For the second quarter of the year ending March 31, 2016, the company expects to pay ¥35.00 per share against ¥30.00 per share paid a year ago.
The company declared dividend of ¥45 per share for the full year ended March 31, 2015 compared to dividend of ¥30.00 per share for the full year ended March 31, 2014, payable on June 22, 2015.
The company expects to pay dividend of ¥45 per share for the full year ended March 31, 2016 against ¥45.00 per share declared for the year ended March 31, 2015.
Elematec Corp is a Japan-based company mainly engaged in the sale, processing, design and manufacture of electric materials, electronic components and mechanical parts. The Company operates in four regional segments. The Company is engaged in the provision of electrical materials such as substrates, silicon, anisotropic conductive films (ACFs), heat radiation rubbers, high-function films and resins, insulating tapes, high-function adhesives, lens films, anti-reflective materials and inert liquid; electronic components such as connectors, sensors, thermostats, inductors, backlights, fuses and liquid crystal displays (LCDs); mechanical parts such as fiberglass reinforced plastic (FRP) molded products, filters, exterior products, solar panels, power modules and others; other products such as cable accessories, polishing agents, camera monitors and others. The Company operates within the domestic market and to overseas markets, including China, other Asia, Europe and America.
Elematec Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2016; Declares Dividend for the Year Ended March 31, 2015, Payable on June 22, 2015
ELEMATEC CORPORATION 