Shin-Etsu Polymer Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year 2019
January 27, 2019
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Shin-Etsu Polymer Co.,Ltd. announced consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 65,225 million against JPY 59,290 million a year ago. Operating profit was JPY 6,433 million against JPY 5,398 million a year ago. Ordinary profit was JPY 6,781 million against JPY 5,641 million a year ago. Profit was JPY 4,767 million against JPY 4,154 million a year ago. Basic EPS was JPY 58.48 against JPY 50.58 a year ago. Diluted EPS was JPY 58.39 against JPY 50.48 a year ago.
For the fiscal year 2019, the company expects net sales to be JPY 83,000 million, operating profit to be JPY 7,700 million, ordinary profit to be JPY 8,000 million, profit attributable to owners of the parent to be JPY 5,700 million, and Basic EPS to be JPY 69.85.
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 Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year 2019