SECOM CO.,LTD. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2016 and Fiscal Year Ending March 31, 2017; Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year 2017
August 04, 2016
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SECOM CO.,LTD. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported revenue of JPY 213,127 million compared to JPY 198,204 million a year ago. Operating profit was JPY 30,018 million compared to JPY 30,674 million a year ago. Ordinary profit was JPY 31,953 million compared to JPY 32,327 million a year ago. Net income attributable to owners of the parent was JPY 20,045 million or JPY 91.84 per basic share compared to JPY 20,518 million or JPY 94.01 per basic share a year ago. Income before income taxes was JPY 31,988 million compared to JPY 32,428 million a year ago.
For the second quarter of 2017, the company expects dividend of JPY 70.00 per share against JPY 65.00 per share a year ago.
For the end of fiscal 2017, the company expects dividend of JPY 75.00 per share against JPY 70.00 per share a year ago period.
For the six months ending September 30, 2016, the company expects consolidated net sales of JPY 438,200 million, operating income of JPY 58,700 million, ordinary income of JPY 61,100 million and net income attributable to the company of JPY 38,000 million or JPY 174.10 per basic share.
For the year ending March 31, 2017, the company expects consolidated net sales of JPY 933,900 million, operating income of JPY 130,000 million, ordinary income of JPY 135,100 million and net income attributable to the company of JPY 82,300 million or JPY 377.07 per basic share.
Secom Co., Ltd. is No. 1 in Japan of safety services. Net sales break down by activity as follows:
- safety services (49.1%): installation and maintenance of electronic safety systems (primarily buildings access control systems, explosive control systems, electronic equipments of possessions and persons identification, anti-intrusion alarms), VIP protection, funds and valuable objects transportation, etc.;
- medical services (15.8%): home care services, medicines delivery services, sale of medical equipments, etc.;
- sale, installation and maintenance of protection against fire systems (12.4%);
- business process outsourcing and ICT services (10.3%) ;
- insurance services (5.3%): fire, automotive and health insurance;
- geospatial data broadcasting (4.7%);
- development and promotion of real estate assets (2.4%): primarily residential buildings with advanced safety systems.
Japan accounts for 96.1% of net sales.
SECOM CO.,LTD. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2016 and Fiscal Year Ending March 31, 2017; Provides Dividend Guidance for the Second Quarter and Year End of Fiscal Year 2017