Arisawa Manufacturing Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018
May 23, 2018
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Arisawa Manufacturing Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of JPY 40,909 million compared to JPY 34,451 million a year ago. Operating income was JPY 3,627 million compared to JPY 1,790 million a year ago. Ordinary income was JPY 4,044 million compared to JPY 2,690 million a year ago. Net income was JPY 3,452 million compared to JPY 2,037 million a year ago. Cash flow from operating activities was JPY 2,182 million compared to JPY 3,420 million a year ago. Return on equity was 6.8% against 4.2% a year ago. Capital expenditure was JPY 1,194 million compared to JPY 1,580 million a year ago.
Arisawa Mfg Co Ltd is a Japan-based mainly engaged in the manufacturing and sales of electronic materials, display materials, electric insulation materials, and industrial structural materials. The Company operates through four segments. Electronic Materials segment produces materials for flexible and rigid printed wiring boards. Industrial Structural Materials segment produces filament winding (FW) moldings, aircraft honeycomb panels and prepregs, pultrusion moldings, fiber reinforced plastic (FRP) ski seats, and others. Electrical Insulation Materials segment produces glass cloth, glass tapes, and prepregs for electric insulation. Display Materials segment produces three-dimensional (3D) display filters, special optical components and others.