Secom Co., Ltd. Announces Consolidated Financial Results for the Three-Month Period Ended June 30, 2019; Provides Earnings Guidance for the Consolidated Financial Results for the Fiscal Year Ending March 31, 2020 and the Six-Month Period Ending September 30, 2019; Provides Dividend Guidance for the Second Quarter of Fiscal Year 2020 and Year Ending March 31, 2020
August 07, 2019
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SECOM CO., LTD. announced consolidated financial results for the three-month period ended June 30, 2019. For the quarter the company reported revenue of JPY 239,003 million against JPY 229,006 million a year ago. Operating profit of JPY 30,788 million against JPY 29,693 million a year ago. Basic net income per share of JPY 93.50 against JPY 125.36 a year ago.
Company provided earnings guidance for the consolidated financial results for the fiscal year ending March 31, 2020 and the six-month period ending September 30, 2019. For the fiscal year ending March 31, 2019 company projected revenue of JPY 1,038,000 million, projected operating profit of JPY 131,500 million and projected basic net income per share of JPY 380.28.
Company provided earnings guidance for the consolidated financial results for the six-month period ending September 30, 2019. For the six months period ending September 30, 2019 company projected revenue of JPY 493,500 million, projected operating profit of JPY 57,900 million and projected basic net income per share of JPY 169.06.
The company expects to pay dividend of JPY 85 per share for the second quarter of fiscal year 2020 and JPY 85 per share for the fiscal year ending March 31, 2020.
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. Announces Consolidated Financial Results for the Three-Month Period Ended June 30, 2019; Provides Earnings Guidance for the Consolidated Financial Results for the Fiscal Year Ending March 31, 2020 and the Six-Month Period Ending September 30, 2019; Provides Dividend Guidance for the Second Quarter of Fiscal Year 2020 and Year Ending March 31, 2020