SMK Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
January 28, 2018
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SMK Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of ¥45,224 million compared to ¥47,588 million, operating income of ¥1,076 million compared to ¥865 million, ordinary income of ¥1,864 million compared to ¥2,245 million, net income attributable to owners of parent of ¥2,683 million or ¥40.59 per basic share compared to ¥1,819 million or ¥27.01 per basic share for the last year.
The company expected to pay year-end dividend of ¥4.00 per share for the year ending March 31, 2018 compared to ¥5.00 per share paid in last year same period.
The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of ¥60,000 million, operating income of ¥1,000 million, ordinary income of ¥1,400 million, net income attributable to owners of parent of ¥2,300 million or ¥34.79 per share.
SMK Corporation is a manufacturer of components for telecommunications and electronic equipment. The Company operates its business through four segments. The Connection System (CS) segment is primarily engaged in the manufacture and sale of coaxial connectors, flexible printed circuit (FPC) connectors, and jacks. The Functional Components (FC) segment mainly manufactures and sells switches, remote controllers and camera modules. The Touch Panel (TP) segment mainly provides pressure-sensitive resistance touch panels, capacitance type touch panels and optical touch panels. The Development Center segment includes certain expenses allocated to the CS segment, FC segment and TP segment. The Company is also engaged in the provision of components of other products, as well as real estate leasing and worker dispatching business.
SMK Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
SMK CORPORATION 
