NGK Spark Plug Co., Ltd. Reports Consolidated Earnings Results for the Fiscal Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019
April 26, 2018
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NGK Spark Plug Co., Ltd. reported consolidated earnings results for the fiscal year ended March 31, 2018. For the year, total net sales were JPY 409,912 million against JPY 372,919 million a year ago. Total operating income was JPY 67,279 million against JPY 53,595 million a year ago. Ordinary income was JPY 69,094 million against JPY 55,559 million a year ago. Profit attributable to owners of the parent was JPY 44,335 million against JPY 25,602 million a year ago. Total capital expenditure was JPY 37,591 million against JPY 36,328 million a year ago. Net income per share basic was JPY 209.37 against JPY 119.44 a year ago. Return on equity was 12.0% against 7.4% a year ago. Profit before income taxes was JPY 60,098 million against JPY 34,833 million a year ago. Net cash provided by operating activities was JPY 65,707 million against JPY 49,764 million a year ago. Purchase of property, plant and equipment was JPY 37,222 million against JPY 34,921 million a year ago. Purchase of intangible assets was JPY 1,675 million against JPY 1,636 million a year ago.
For the fiscal year ending March 31, 2019, the company expects total net sales of JPY 436,000 million, total operating income of JPY 72,000 million, ordinary income of JPY 75,000 million, profit attributable to owners of the parent of JPY 52,500 million, total capital expenditure of JPY 43,800 million, total depreciation of JPY 23,050 million, net income per share basic of JPY 252.54 and return on equity of 13.0%.
Niterra Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive products, ceramic products, and products related to new businesses. The Company has three business segments. The Automobile-related segment is engaged in the manufacture and sale of parts that are mainly assembled into automobiles, such as spark plugs and exhaust gas sensors. The Ceramics segment manufactures and sells cutting tools, industrial equipment components, semiconductor manufacturing equipment components, semiconductor packages, and oxygen concentrators for medical use. The New Business segment is engaged in the manufacture and sale of products related to new businesses such as the environmental energy field. It also sells materials and provides welfare services.
NGK Spark Plug Co., Ltd. Reports Consolidated Earnings Results for the Fiscal Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019