SECOM CO., LTD. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 07, 2019
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SECOM CO.,LTD. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported revenue of ¥503,774 million against ¥470,983 million a year ago. Operating profit was ¥65,060 million against ¥54,902 million a year ago. Operating profit was ¥70,320 million against ¥67,458 million a year ago. Net income attributable to owners of the parent was ¥43,368 million or ¥198.70 per basic share against ¥44,575 million or ¥204.23 per basic share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the period, the company expects revenue of ¥1,038,000 million, operating profit of ¥131,500 million, ordinary profit of ¥138,000 million, net income attributable to owners of the parent of ¥83,000 million or ¥380.28 per 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 Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020