SE Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Year-End Dividend Guidance for the Year Ending March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
November 05, 2015
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SE Corporation announced consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of JPY 8,626 million against JPY 8,746 million a year ago. Operating loss was JPY 144 million against income of JPY 119 million a year ago. Net loss was JPY 152 million against net loss of JPY 8 million a year ago. Net loss per share was JPY 10.19 against net loss per share of JPY 0.60 a year ago. Loss before income taxes and minority interests was JPY 144.355 million against income of JPY 110.245 million last year. Net cash provided by operating activities was JPY 921.846 million against JPY 515.744 million a year ago. Purchase of property, plant and equipment was JPY 94.327 million against JPY 148.321 million a year ago. Purchase of intangible assets was JPY 54.740 million compared to JPY 27.962 million a year ago.
For the year ending March 31, 2016, the company expects year-end dividend per share of JPY 22.00 against JPY 22.00 last year.
For the full year ending March 31, 2016, on consolidated basis, the company expects net sales to be JPY 20,500 million. Operating income is expected to be JPY 1,109 million. Net income is expected to be JPY 675 million. Net income per share is expected to be JPY 45.14.
S E Corporation is primarily engaged in manufacturing construction materials and equipment for repair and reinforcement work. The Company operates in four business segments. The Manufacturing and Selling of Construction Materials and Equipment segment manufactures and sells civil engineering construction materials for use in structures, such as fasteners, bridge collapse prevention devices, cables, and others. The Manufacturing and Selling of Building Materials segment manufactures and sells building materials such as separators, hanging bolts and others. The Construction Consulting segment provides a range of construction consulting service. The Repair and Reinforcement Work segment is engaged in the repair and reinforcement work of bridge structures, tunnels and others, and other construction and inspection of civil engineering and building work.
SE Corporation Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Year-End Dividend Guidance for the Year Ending March 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016