Alps Alpine Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019
January 29, 2019 at 08:50 am
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Alps Alpine Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2019. For the year, the company expects to pay a final dividend of JPY 25 per share compared to JPY 20.00 per share paid a year ago.
The company announced consolidated earnings results for the nine months ended December 31, 2018. For the nine months, the company reported net sales of JPY 644,519 million compared to JPY 644,247 million a year ago. Operating income was JPY 49,075 million compared to JPY 59,458 million a year ago. Net income was JPY 33,957 million compared to JPY 50,154 million a year ago. Basic earnings per share were JPY 138.84 per share compared to JPY 226.72 per share a year ago. Diluted earnings per share were JPY 138.78 per share compared to JPY 226.63 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2019. For the year, the company expects net sales of JPY 852,000 million, operating income of JPY 50,000 million and net income attributable to owners of parent of JPY 24,000 million or JPY 120.51 per basic share.
Alps Alpine Co., Ltd. specializes in the production and marketing of electromechanical components. Net sales break down by family of products and services as follows:
- electronic components (52.4%): mobile phones, household items and industrial equipment components (switches, connectors, encoders, captors, etc.);
- audio and communication equipment for automotive (37.8%);
- logistics services (8.2%);
- other (1.6%).
Net sales are distributed geographically as follows: Japan (19%), China (19.2%), Americas (16.5%), Germany (10.7%), and other (34.6%).
Alps Alpine Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019
ALPS ALPINE CO., LTD 
