Dai-ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending June 30, 2018 and Fiscal Ending December 31, 2018; Provides Dividend Guidance for the Second Quarter and Fiscal Year 2018
May 08, 2018
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Dai-ichi Seiko Co., Ltd. reported consolidated earnings results for the first quarter ended March 31, 2018. The company reported net sales of ¥12,623 million, operating income of ¥224 million, ordinary loss of ¥259 million, net loss attributable to owners of parent of ¥331 million or ¥19.85 per share against net sales of ¥11,872 million, operating income of ¥419 million, ordinary income of ¥48 million, net loss attributable to owners of parent of ¥89 million or ¥5.36 per share a year ago.
For the six months ending June 30, 2018, the company expects net sales of ¥26,900 million, operating income of ¥1,400 million, ordinary income of ¥1,400 million, net income attributable to owners of parent of ¥950 million or ¥56.81 per share a year ago.
For the fiscal ending December 31, 2018, the company expects net sales of ¥55,100 million, operating income of ¥3,300 million, ordinary income of ¥3,200 million, net income attributable to owners of parent of ¥2,200 million or ¥131.56 per share a year ago.
The company provided dividend guidance for the second quarter of fiscal year 2018 of ¥5.00 per share against ¥5.00 paid per share a year ago.
The company provided dividend guidance for the year 2018 of ¥20.00 per share against ¥20.00 paid per share a year ago.
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 First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending June 30, 2018 and Fiscal Ending December 31, 2018; Provides Dividend Guidance for the Second Quarter and Fiscal Year 2018