Nichicon Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Year Ending March 31, 2016
February 03, 2016
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Nichicon Corporation reported consolidated earnings results for the nine months ended December 31, 2015. For the nine months, the company reported net sales of JPY 83,255 million compared to JPY 80,043 million a year ago. Operating income was JPY 3,807 million compared to JPY 3,017 million a year ago. Ordinary income was JPY 4,128 million compared to JPY 5,262 million a year ago. Net loss attributable to shareholders of the company was JPY 825 million compared to net income attributable to the shareholders of the company of JPY 3,746 million a year ago. Net loss per share was JPY 11.85 compared to net income per share of JPY 52.45 a year ago.
The company provided earnings guidance for the full year ending March 31, 2016. For the year, the company expected net sales of JPY 112,000 million, operating income of JPY 5,000 million, ordinary income of JPY 5,000 million.
The company provided dividend guidance for the year ending March 31, 2016. For the year, the company expected dividend of JPY 10.00 per share. Dividend for the same period previous year was JPY 9.00 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, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Year Ending March 31, 2016
NICHICON CORPORATION 
