Kikusui Chemical Industries Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earnings Guidance for the Half Year and Full Year of Fiscal Year Ending March 31, 2019
May 09, 2018
Share
Kikusui Chemical Industries Co., LTD. announced consolidated earnings results for the year ended March 31, 2018. For the quarter, the company reported net sales of JPY 20,718 million against JPY 20,511 million a year ago. Operating income was JPY 146 million against JPY 287 million a year ago. Profit attributable to owners of parent was JPY 32 million against JPY 209 million a year ago. Earnings per share were JPY 2.56 against JPY 16.77 a year ago. Return on equity was 0.3% against 2.2% a year ago. Net assets per share were JPY 761.00 million against JPY 787.60 million a year ago. Cash flows from operating activities were JPY 514 million against cash outflows JPY 446 million a year ago.
For the year on non-consolidated basis the company reported net sales of JPY 19,764 million against JPY 19,619 million a year ago. Operating income was JPY 163 million against JPY 217 million a year ago. Net income was JPY 91 million against JPY 201 million a year ago. Earnings per share were JPY 7.32 against JPY 16.08 a year ago. Ordinary income was JPY 193 million against JPY 270 million a year ago. Net assets per share were JPY 775.75 million against JPY 771.48 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2019. For the period, net sales were expected to be at JPY 21,970 million. Operating income expected to be at JPY 330 million. Profit attributable to owners of parent was expected to be at JPY 65 million. EPS expected at JPY 5.19. Ordinary income expected to JPY 306 million.
The company provided consolidated earnings guidance for the first half year of fiscal 2018. For the period, net sales were expected to be at JPY 10,370 million. Operating income expected to be at JPY 119 million. Profit attributable to owners of parent was expected to be at JPY 7 million. EPS expected at JPY 0.56. Ordinary income expected to JPY 107 million.
The company provided non-consolidated earnings guidance for the full year ending March 31, 2019. For the period, net sales were expected to be at JPY 20,959 million. Operating income expected to be at JPY 514 million. Net income was expected to be at JPY 289 million. EPS expected at JPY 23.17.
The company provided non-consolidated earnings guidance for the first half year of fiscal 2018. For the period, net sales were expected to be at JPY 9,936 million. Operating income expected to be at JPY 180 million. Net income was expected to be at JPY 95 million. EPS expected at JPY 7.61.
KIKUSUI CHEMICAL INDUSTRIES CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building finishing materials, building base preparation materials, tile adhesives, building civil engineering materials, the sales of related products, and renovation work. Architectural finishing materials are used for decoratively finishing the inner and outer walls of buildings. The building base adjustment materials are used for base adjustment of interior and exterior finishing work. The tile adhesive materials are used for attaching a tile to a wall surface. Architectural civil engineering materials include auxiliary paper and other materials for drawing architectural finishing materials onto walls to draw patterns. Building refresh is a building renovation work.
Kikusui Chemical Industries Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earnings Guidance for the Half Year and Full Year of Fiscal Year Ending March 31, 2019
KIKUSUI CHEMICAL INDUSTRIES CO., LTD. 
