Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings and Dividend Guidance for the Year Ending December 31, 2017; Declares Dividend for the Second Quarter of 2018, Payable on September 4, 2017
August 08, 2017
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Dai-ichi Seiko Co., Ltd. reported consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported net sales of ¥24,440 million against ¥22,083 million a year ago. Operating income was ¥841 million against operating loss of ¥410 million a year ago. Ordinary income was ¥684 million against ordinary loss of ¥1,246 million a year ago. Net income attributable to owners of parent was ¥267 million or ¥16.02 per share against ¥1,393 million or ¥83.30 per share a year ago.
For the year ending December 31, 2017, the company expects net sales of ¥51,000 million, operating income of ¥2,500 million, ordinary income of ¥2,400 million and net income attributable to owners of parent of ¥1,600 million or ¥95.68 per share.
The company declared a dividend of ¥5.00 per share. The dividend payable on September 4, 2017.
The company expects to pay a dividend of ¥10.00 per share for the year ending December 31, 2017.
I-PEX Inc is a Japan-based company mainly engaged in the manufacture and sale of electronic and electrical components. The Company operates in three business segments. The Electrical and Electronic Component segment manufactures and sells connectors and related parts such as thin wire coaxial connectors and micro radio frequency (RF) coaxial connectors, as well as electronics mechanical parts. The Automobile Part segment is engaged in the manufacture and sale of automobile electrical components, such as in-vehicle sensors, in-vehicle connectors and automotive-related parts. The Equipment segment is engaged in the manufacture and sale of semiconductor resin seal equipment and molds.
Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings and Dividend Guidance for the Year Ending December 31, 2017; Declares Dividend for the Second Quarter of 2018, Payable on September 4, 2017
I-PEX INC. 
