Enplas Corporation Announces Consolidated Earnings Results for the Three Months Ended June 30, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and Full Year Ending March 31, 2017
July 19, 2016
Share
Enplas Corporation announced consolidated earnings results for the three months ended June 30, 2016. For the period, the company reported net sales of JPY 7,629 million compared to JPY 9,670 million a year ago. Operating income was JPY 964 million compared to JPY 2,738 million a year ago. Ordinary income was JPY 817 million compared to JPY 2,798 million a year ago. Income before income taxes and minority interests was JPY 812 million compared to JPY 2,796 million a year ago. Profit attributable to owners of parent was JPY 746 million or JPY 58.32 per share compared to JPY 1,933 million or JPY 142.31 per share a year ago.
For the six months ended September 30, 2016, the company expects net sales of JPY 17,000 million, operating income of JPY 2,500 million, ordinary income of JPY 2,500 million, profit attributable to owners of parent of JPY 1,700 million or JPY 132.84 per share.
For the full year ending March 31, 2017, the company expects net sales of JPY 34,000 million, operating income of JPY 5,000 million, ordinary income of JPY 5,000 million, profit attributable to owners of parent of JPY 3,400 million or JPY 265.69 per share.
ENPLAS CORPORATION is mainly engaged in the manufacture, processing and sale of various products made of engineering plastics and composite materials. The Company operates in three business segments. The Engineering Plastic segment manufactures and sells mechanical products used for high-precision gear-based office automation (OA) and telecommunications devices, among others. The Semiconductor Equipment segment offers integrated circuit (IC) sockets and others. The Optical segment offers optical communication devices and light-emitting diode (LED). The others business engages in the research and development related to the Company's businesses.
Enplas Corporation Announces Consolidated Earnings Results for the Three Months Ended June 30, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and Full Year Ending March 31, 2017