Nippon Paint Holdings Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Announces Dividend for the Second Quarter Ended September 30, 2018; Provides Year End Dividend Guidance for the Year Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2018
November 13, 2018
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Nippon Paint Holdings Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported net sales of JPY 471,078 million against JPY 452,772 million a year ago. Operating income was JPY 50,810 million against JPY 56,467 million a year ago. Ordinary income was JPY 55,993 million against JPY 58,731 million a year ago. Profit attributable to owners of parent was JPY 26,514 million against JPY 25,236 million a year ago. Diluted earnings per share was JPY 82.66 million against JPY 78.68 million a year ago.
For the second quarter ended September 30, 2018, the company announced dividend of JPY 22.00 per share compared to JPY 20.00 per share paid a year ago.
The company expects year-end dividend of JPY 23.00 per share for the year ending December 31, 2018.
For the fiscal year ending December 31, 2018, the company expects consolidated net sales of JPY 615,000 million, operating income of JPY 63,000 million, ordinary income of JPY 69,000 million and profit attributable to owners of parent of JPY 31,000 million or JPY 96.66 per basic share.
Nippon Paint Holdings Co Ltd is a company mainly engaged in the manufacture and sale of coating materials and fine chemicals products. The Company is involved in the manufacture and sale of paint for automobile-, general- and industrial-uses, as well as fine chemicals. The Company operates in four business segments. The Japan segment conducts paint for automobile-, general- and industrial-uses, as well as fine chemicals business. The Asia segment conducts paint for automobile-, general- and industrial-uses, as well as fine chemicals business in China Singapore, Malaysia, Thailand, Korea, Southeast Asian countries, India. The Oceania segment conducts paint business, such as paint for general-, industrial-uses, and paints peripheral businesses. The Americas segment conducts paint for automobile business and contruction coating materials business.
Nippon Paint Holdings Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Announces Dividend for the Second Quarter Ended September 30, 2018; Provides Year End Dividend Guidance for the Year Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2018