Optorun Co.,Ltd. Reports Consolidated Earnings Results for Year Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Year Ending December 31, 2018
February 12, 2018
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Optorun Co.,Ltd. reported consolidated earnings results for year ended December 31, 2017. For the period, the company's net sales were ¥33,385 million against ¥14,903 million a year ago. Operating income was ¥7,327 million against ¥2,380 million a year ago. Ordinary profit was ¥7,095 million against ¥2,030 million a year ago. Net profit attributable to owners of parent was ¥4,815 million against ¥1,466 million a year ago. Diluted income per share was ¥124.72. Cash flow from operating activities was ¥4,695 million against cash outflow from operating activities of ¥1,940 million a year ago. Net assets per share were ¥552.38 against ¥298.24 a year ago. Purchase of property, plant and equipment was ¥1,820,672,000 against ¥316,027,000 a year ago. Purchase of intangible assets was ¥60,076,000 against ¥3,143,000 a year ago. Profit before income tax was ¥7,126,632,000 against ¥2,045,185,000 a year ago.
For the year ending December 31, 2018, the company expects year-end dividend of ¥42.00 per share against ¥40.00 per share paid for same period a year ago.
For the year ending December 31, 2018, the company expects net sales of ¥43,800 million, operating profit of ¥8,100 million, ordinary profit of ¥8,200 million and profit attributable to owners of parent of ¥5,700 million or ¥139.34 per share.
OPTORUN Co.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of optical thin film equipment. Optical thin film refers to the coating of various optical components such as smart phones and lenses, and has different functions depending on the material of the coating. The company sells equipment, responds to various customer needs, provides advice on film formation processes, and provides film deposition solutions that utilize optical thin film deposition technology know-how. Its main products include optical thin film forming equipment, general purpose optical thin film forming equipment, antifouling film forming equipment, reactive plasma film forming equipment, sputtering film forming equipment for optical film, as well as Wafer level optical sputter deposition system.
Optorun Co.,Ltd. Reports Consolidated Earnings Results for Year Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Year Ending December 31, 2018