Lintec Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
August 08, 2016
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Lintec Corp. announced consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company reported net sales of JPY 48,415 million compared with JPY 52,550 million for the same period a year ago. Operating income was JPY 3,721 million compared with JPY 4,956 million for the same period a year ago. Ordinary income was JPY 2,817 million compared with JPY 5,065 million for the same period a year ago. Profit attributable to owners of the parent was JPY 2,112 million or JPY 29.24 per diluted share compared with JPY 3,605 million or JPY 49.91 per diluted share for the same period a year ago.
The company provided earnings guidance for the full year ending March 31, 2017. For the full year, the company expects to report net sales of JPY 215,000 million, operating income of JPY 20,000 million, ordinary income of JPY 19,500 million and profit attributable to owners of JPY 13,500 million or JPY 187.10 per share.
LINTEC Corporation is a Japan-based company mainly involved in the manufacture and sale of printing material and industrial engineering material related products. The Company operates in three business segments. The Printing and Industrial Material-related segment is engaged in the manufacture and sale of adhesive products for seals and labels, label printing machinery, barcode printers, film used for outdoor signages and advertisement, window film, automobile adhesive products and industrial adhesive tape, among others. The Electronic and Optic-related segment provides semiconductor-related adhesive products, semiconductor-related machinery, coating film for laminated ceramic capacitors and optical-related products. The Western Paper and Processing Material-related segment manufactures and sells paper of colorful envelopes, special functional paper, released paper, released film, as well as casting paper for carbon fiber composite materials and synthetic leather.
Lintec Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017