Nichicon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
February 04, 2018
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Nichicon Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 85,315 million compared to JPY 73,953 million a year ago. Operating income was JPY 4,575 million compared to JPY 1,636 million a year ago. Ordinary income was JPY 5,630 million compared to JPY 3,658 million a year ago. Net loss attributable to shareholders of the company was JPY 757 million compared to net income attributable to the shareholders of the company of JPY 2,695 million a year ago. Net loss per share was JPY 10.88 compared to net earnings per share of JPY 38.71 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the year, the company expected net sales of JPY 115,000 million, operating income of JPY 5,700 million, ordinary income of JPY 6,700 million and net income attributable to shareholders of the company of JPY 100 million or JPY 1.44 per share.
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 Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
NICHICON CORPORATION 
