Elematec Corporation Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2014; Declares Dividend for the Second Quarter of Fiscal Year Ending 2015 Payable on December 2, 2014; Provides Dividend Guidance for the Full Year of 2015; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2015
November 26, 2014 at 03:03 am EST
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Elematec Corporation reported consolidated earnings results for the second quarter of fiscal year ending March 2015. For the quarter, the company reported net sales of JPY 86,020 million compared to JPY 68,570 million a year ago. Operating income was JPY 3,655 million compared to JPY 2,621 million a year ago. Ordinary profit was JPY 3,738 million compared to JPY 2,734 million a year ago. Net income was JPY 2,604 million compared to JPY 1,905 million a year ago. Net income per share was JPY 127.24 compared to JPY 93.07 a year ago.
For the second quarter of fiscal year ending 2015, the company declared dividend of JPY 30.00 per share payable on December 2, 2014. Dividend for the same period previous year was JPY 27.00 per share.
The company provided dividend guidance of JPY 41.00 per share for the full year of 2015. Dividend for the same period previous year was JPY 30.00 per share.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2015. For the year, the company expects net sales of JPY 176,000 million, operating income of JPY 6,200 million, ordinary income of JPY 6,400 million, net income of JPY 4,800 million and net income per share of JPY 234.45.
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 Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2014; Declares Dividend for the Second Quarter of Fiscal Year Ending 2015 Payable on December 2, 2014; Provides Dividend Guidance for the Full Year of 2015; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2015
ELEMATEC CORPORATION 