Imasen Electric Industrial Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 1, 2018; Provides Dividend Guidance for the Second Quarter Ending September 30, 2018 and Full Year Ending March 31, 2019
May 10, 2018
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Imasen Electric Industrial Co., Ltd. announced consolidated earnings results for the year ended March 31, 2018. For the period, the company reported net sales of JPY 117,339 million compared to JPY 110,275 million a year ago. Operating profit was JPY 3,281 million compared to JPY 2,670 million a year ago. Ordinary profit was JPY 3,400 million compared to JPY 2,047 million a year ago. Profit attributable to owners of parent was JPY 2,878 million compared to JPY 1,567 million a year ago. Diluted earnings per share were JPY 138.44 compared to JPY 75.39 a year ago. Cash flows from operating activities were JPY 7,220 million compared to JPY 4,182 million a year ago. Profit before income taxes was JPY 3,434 million compared to JPY 2,000 million a year ago. Purchase of property, plant and equipment was JPY 2,094 million compared to JPY 2,817 million a year ago.
The company provided earnings guidance for the six months ending September 30, 2018 and full year ending March 31, 2019. For the six months ending September 30, 2018, the company expects net sales of JPY 59,000 million, operating profit of JPY 1,600 million, ordinary profit of JPY 1,400 million, profit attributable to owners of parent of JPY 700 million, earnings per share of JPY 33.66.
For the full year ending March 31, 2019, the company expects net sales of JPY 118,000 million, operating profit of JPY 4,200 million, ordinary profit of JPY 3,900 million, profit attributable to owners of parent of JPY 2,700 million, earnings per share of JPY 129.85.
The company announced year-end dividend of JPY 16 per share for the year ended March 31, 2018 compared to JPY 16 per share paid a year ago. Scheduled date to commence dividend payments is June 1, 2018.
The company provided dividend guidance for the second quarter ending September 30, 2018 and full year ending March 31, 2019. The company expects second quarter end dividend of JPY 16 per share compared to JPY 15 per share paid a year ago.
The company expects year-end dividend of JPY 16 per share for the full year ending March 31, 2019.
Imasen Electric Industrial Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of mechanical products and electric products for automobiles, wire harnesses and assistive products. The Company operates through three business segments. The Auto Part Related segment is mainly engaged in the manufacture and sale of seat adjusters, window regulators and other automobile mechanical products, as well as lamps, electronic units, horns and other automobile electric products. The Wire Harness segment is mainly engaged in the manufacture and sale of wire harnesses for aircrafts and equipment. The Assistive Product segment is mainly engaged in the manufacture and sale of electric wheelchairs, artificial hands, artificial legs and non-powered walking support equipment. The Company is also engaged in the provision of welfare services for employees.
Imasen Electric Industrial Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 1, 2018; Provides Dividend Guidance for the Second Quarter Ending September 30, 2018 and Full Year Ending March 31, 2019
IMASEN ELECTRIC INDUSTRIAL CO., LTD. 
