Secom Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
November 08, 2016
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SECOM CO.,LTD. reported consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported revenue of ¥440,086 million against ¥408,890 million a year ago. Operating profit was ¥62,146 million against ¥60,206 million a year ago. Ordinary profit was ¥67,343 million against ¥63,062 million a year ago. Income before income taxes was ¥66,753,000 against ¥63,672,000 a year ago. Net income attributable to owners of the parent was ¥40,857 million or ¥187.20 per basic share against ¥40,045 million or ¥183.74 per basic share a year ago. Net cash provided by operating activities was ¥102,645 million against ¥79,242 million a year ago. Payments for purchases of tangible assets were ¥22,144 million against ¥24,568 million a year ago. Payments for purchases of intangible assets were ¥3,635 million against ¥3,521 million a year ago.
For the full year ending March 31, 2017, the company expects revenue of ¥933,900 million, operating profit of ¥130,000 million, ordinary profit of ¥135,100 million, net income attributable to owners of the parent of ¥82,300 million or ¥377.07 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, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017