Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017
November 31, 2017
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Sekisui Plastics Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company announced net sales of JPY 54,701 million compared to JPY 48,724 million a year ago. Operating income was JPY 2,728 million compared to JPY 2,390 million a year ago. Recurring income was JPY 2,732 million compared to JPY 2,059 million a year ago. Net income attributable to shareholders was JPY 1,794 million or JPY 39.14 per share compared to JPY 1,319 million or JPY 28.23 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2017. For the full year, the company expects to report net sales of JPY 112,800 million, operating income of JPY 6,300 million, recurring income of JPY 6,200 million and net income attributable to shareholders of JPY 4,100 million or JPY 89.40 per share.
Sekisui Kasei Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of foamed plastics and other materials. The Company operates in two business segments. The Life segment is engaged in the manufacture and sale of agriculture and fisheries transport containers, food containers, construction materials related products and among others. The Industry segment is engaged in the manufacture and sale of materials, packaging materials and related products used in automobiles and digital home appliances.
Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017