Nichicon Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2018
August 16, 2017
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Nichicon Corporation reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 26,967 million against JPY 23,794 million reported a year ago. Operating income was JPY 1,072 million against JPY 414 million reported a year ago. Ordinary income was JPY 1,495 million against JPY 601 million reported a year ago. Net loss attributable to owners of the parent was JPY 3,568 million or JPY 51.25 per share against income of JPY 347 million or JPY 4.99 per share reported a year ago.
For the first half of full year ending March 31, 2018, the company expects net sales of JPY 55,000 million, Operating income of JPY 2,200 million, Ordinary income of JPY 2,700 million and Net loss attributable to owners of the parent of JPY 2,700 million or JPY 38.77 per share.
For the full year ending March 31, 2018, the company expects net sales of JPY 115,000 million, Operating income of JPY 4,700 million, Ordinary income of JPY 5,400 million and Net loss attributable to owners of the parent of JPY 800 million or JPY 11.49 per share.
For the second quarter of fiscal 2018, the company expects to pay JPY 11.00 per share against JPY 10.00 per share paid a year ago.
For the full year of fiscal 2018, the company expects to pay JPY 11.00 per share against JPY 11.00 per share paid a year ago.
NICHICON CORPORATION is mainly involved in the manufacture and sale of capacitors and transformers. The Company is mainly engaged in the manufacture and sale of capacitors for electronic equipment use, such as aluminum electrolysis capacitors, film capacitors and positive characteristic thermistors; capacitors for electric and equipment use and application equipment, including film capacitors, rapid chargers, public and industrial power supplies, accelerator power supplies and dynamic voltage restorers, and circuit products, including switching power supplies and functional modules, as well as raw materials. The Company purchases products from its subsidiaries and provides the products to domestic and foreign manufacturers, companies and agencies.
Nichicon Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2018
NICHICON CORPORATION 
