Enplas Corporation Announces Consolidated Earnings Results for the First Half Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Announces Interim Dividend for the First Half Ended September 30, 2017 Payable on December 1, 2017; Expects to Pay Year End Dividend for the Fiscal Year Ending March 31, 2018
October 19, 2017
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Enplas Corporation announced consolidated earnings results for the first half ended September 30, 2017. For the period, the consolidated company reported net sales of ¥17,143 million, operating profit of ¥2,636 million, ordinary profit of ¥2,636 million, profit attributable to owners of the parent of the company of ¥1,868 million or net income per share of ¥145.98 compared to net sales of ¥15,903 million, operating profit of ¥2,084 million, ordinary profit of ¥1,904 million, profit attributable to owners of the parent of the company of ¥3,518 million or net income per share of ¥274.91 for the same period last year. Profit before income taxes was ¥2,524 million against ¥4,147 million a year ago.
Net cash provided by operating activities was ¥3,231 million against ¥4,910 million a year ago. Payments for property, plant and equipment was ¥1,056 million against ¥948 million a year ago. Payments for intangible assets were ¥148 million against ¥301 million a year ago.
The company announced interim dividend of ¥40.00 per share for the first half ended September 30, 2017 against ¥40.00 per share a year ago. The company will pay dividend on December 1, 2017.
The company expects to pay year end dividend of ¥40.00 per share for the fiscal year ending March 31, 2017.
For the full year of fiscal year ending March 31, 2018, the consolidated company expects net sales of ¥34,000 million, operating profit of ¥5,000 million, ordinary profit of ¥5,000 million, profit attributable to owners of the parent of the company of ¥3,400 million or net income per share of ¥265.69.
ENPLAS CORPORATION is mainly engaged in the manufacture, processing and sale of various products made of engineering plastics and composite materials. The Company operates in three business segments. The Engineering Plastic segment manufactures and sells mechanical products used for high-precision gear-based office automation (OA) and telecommunications devices, among others. The Semiconductor Equipment segment offers integrated circuit (IC) sockets and others. The Optical segment offers optical communication devices and light-emitting diode (LED). The others business engages in the research and development related to the Company's businesses.
Enplas Corporation Announces Consolidated Earnings Results for the First Half Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Announces Interim Dividend for the First Half Ended September 30, 2017 Payable on December 1, 2017; Expects to Pay Year End Dividend for the Fiscal Year Ending March 31, 2018