Enplas Corporation Revises Earnings Guidance for the Six Months Ended September 30, 2016 and for the Fiscal Year Ending March 31, 2017
October 17, 2016 at 01:53 pm
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Enplas Corporation revised earnings guidance for the six months ended September 30, 2016 and for the fiscal year ending March 31, 2017. For the six months ended September 30, 2016, the company expects net sales to be JPY 16,000 million against previous guidance of 17,000 million. Operating to be JPY 2,100 million against previous guidance of JPY 2,500 million. Profit attributable to owners of parent to be JPY 3,500 million against previous guidance of JPY 1,700 million. Earnings per share to be JPY 273.50 against JPY 132.84.
For the year ending March 31, 2017, the company expects net sales to be JPY 32,000 million against previous guidance of 34,000 million. Operating to be JPY 4,200 million against previous guidance of JPY 5,000 million. Profit attributable to owners of parent to be JPY 4,900 million against previous guidance of JPY 3,400 million. Earnings per share to be JPY 382.90 against JPY 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 
