Dai-ichi Seiko Co., Ltd. Announces Unaudited Consolidated Financial Results for the Quarter Ended March 31, 2019; Provides Financial Guidance for the Six Months Ending June 30, 2019; Provides Financial Guidance for the Year Ending December 31, 2019
May 09, 2019
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Dai-ichi Seiko Co., Ltd. announced unaudited consolidated financial results for the quarter ended March 31, 2019. For the quarter, the company reported net sales of JPY 11,932 million against JPY 12,623 million for the same period a year ago. Operating loss was JPY 557 million against income of JPY 224 million for the same period a year ago. Ordinary loss was JPY 580 million against JPY 259 million for the same period a year ago. Net loss attributable to owners of parent was JPY 606 million against JPY 331 million for the same period a year ago. Net loss per share was JPY 36.28 per share against JPY 19.85 per share for the same period a year ago.
For the six months ending June 30, 2019, the company expects net sales to be JPY 26,400 million. Operating income is expected to be JPY 10 million. Ordinary income is expected to be JPY 10 million. Net loss attributable to owners of parent is expected to be JPY 160 million. Net loss per share is expected to be JPY 9.57 per share.
For the year ending December 31, 2019, the company expects net sales to be JPY 55,100 million. Operating income is expected to be JPY 1,000 million. Ordinary income is expected to be JPY 1,000 million. Net income attributable to owners of parent is expected to be JPY 300 million. Net income per share is expected to be JPY 17.94 per share.
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. Announces Unaudited Consolidated Financial Results for the Quarter Ended March 31, 2019; Provides Financial Guidance for the Six Months Ending June 30, 2019; Provides Financial Guidance for the Year Ending December 31, 2019
I-PEX INC. 
