Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for Six Months Ending June 30, 2017 and Fiscal Ending December 31, 2017; Provides Dividend Guidance for the Second Quarter and Year Ending December 31, 2017
May 08, 2017
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Dai-ichi Seiko Co., Ltd. reported consolidated earnings results for the first quarter ended March 31, 2017. The company reported net sales of ¥11,872 million, operating income of ¥419 million, ordinary income of ¥48 million, net loss attributable to owners of parent of ¥89 million or ¥5.36 per share against net sales of ¥10,935 million, operating loss of ¥240 million, ordinary loss of ¥726 million, net loss attributable to owners of parent of ¥763 million or ¥45.68 per share a year ago.
For the six months ending June 30, 2017, the company expects net sales of ¥23,400 million, operating income of ¥350 million, ordinary income of ¥550 million, net income attributable to owners of parent of ¥320 million or ¥319.14 per share a year ago.
For the fiscal ending December 31, 2017, the company expects net sales of ¥50,000 million, operating income of ¥2,000 million, ordinary income of ¥2,200 million, net income attributable to owners of parent of ¥1,500 million or ¥89.70 per share a year ago.
The company provided dividend guidance for the second quarter of ¥5.00 per share against paid dividend ¥5.00 per share a year ago.
For the year, the company provided dividend guidance of ¥10.00 per share against paid dividend ¥10.00 per share a year ago.
I-PEX Inc is a Japan-based company mainly engaged in the manufacture and sale of electronic and electrical components. The Company operates in three business segments. The Electrical and Electronic Component segment manufactures and sells connectors and related parts such as thin wire coaxial connectors and micro radio frequency (RF) coaxial connectors, as well as electronics mechanical parts. The Automobile Part segment is engaged in the manufacture and sale of automobile electrical components, such as in-vehicle sensors, in-vehicle connectors and automotive-related parts. The Equipment segment is engaged in the manufacture and sale of semiconductor resin seal equipment and molds.
Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for Six Months Ending June 30, 2017 and Fiscal Ending December 31, 2017; Provides Dividend Guidance for the Second Quarter and Year Ending December 31, 2017