Shin-Etsu Polymer Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Second Quarter and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2020
July 22, 2019
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Shin-Etsu Polymer Co. Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company announced net sales of JPY 19,438 million against JPY 20,697 million a year ago. Operating income was JPY 1,820 million against JPY 1,813 million a year ago. Profit attributable to owners of the parent company was JPY 1,288 million or JPY 15.86 per diluted share against JPY 1,438 million or JPY 17.58 per diluted share a year ago.
For the full year, the company consolidated expects to report net sales of JPY 83,000 million, operating income of JPY 7,800 million, ordinary income of JPY 8,000 million and profit attributable to owners of the parent company of JPY 6,000 million or JPY 73.85 per basic share.
The company expects to pay a dividend of ¥8 per share for the each of second quarter and year end for the fiscal year ending March 31, 2020.
Shin-Etsu Polymer Co.,Ltd. is a Japan-based company primarily engaged in the manufacture and sale of electronic devices, precision moldings, as well as dwelling environment and living materials. The Company operates in three business segments. The Electronic Device segment is engaged in the manufacture and sale of input devices, display related devices and component related products. The Precise Molded Item segment manufactures and sells semiconductor related containers and carrier tape related products, office automation equipment parts and silicon rubber molding products. The Dwelling Environment and Living Material segment provides exterior material related products, wrapping films, plastic sheets and functional compounds, among others. The Company is also engaged in the design and construction of buildings and stores, as well as the sale of other processed goods, among others.
Shin-Etsu Polymer Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Second Quarter and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2020
SHIN-ETSU POLYMER CO.,LTD. 
