Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended of June 30, 2016; Provides Dividend Guidance for the Year Ending of December 31, 2016; Announces Dividend for the Quarter Ended of June 30, 2016, Payable on September 05, 2016; Provides Earnings Guidance for the Year Ending of December 31, 2016
August 09, 2016 at 01:53 pm
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Dai-ichi Seiko Co., Ltd. reported consolidated earnings results for the six months ended of June 30, 2016. For the period, the company reported net sales of JPY 22,083 million compared to JPY 23,263 million a year ago. Operating loss was JPY 410 million compared to operating income of JPY 462 million a year ago. Ordinary loss was JPY 1,246 million compared to ordinary income of JPY 859 million a year ago. Net loss attributable to owners of the parent was JPY 1,393 million compared to net income attributable to owners of the parent of JPY 468 million a year ago. Net loss per share was JPY 83.30 compared to net income per share of JPY 27.99 a year ago.
The company provided dividend guidance for the year ending of December 31, 2016. For the period, the company provided dividend guidance of JPY 10.00 per share compared to JPY 10.00 per share a year ago.
For the quarter ended of June 30, 2016, the company announced the dividend of JPY 5.00 per share compared to JPY 5.00 per share a year ago. The dividend will be payable on September 05, 2016.
The company provided earnings guidance for the year ending of December 31, 2016. For the period, the company expects net sales to be of JPY 47,000 million. Operating income expected to be of JPY 400 million. Ordinary income expected to be of JPY 300 million. Net income attributable to owners of the parent expected to be of JPY 100 million. Net income per share expected to be of JPY 5.98.
I-PEX Inc is a Japan-based company mainly engaged in the manufacture and sale of electronic and electrical components. The Company operates in three business segments. The Electrical and Electronic Component segment manufactures and sells connectors and related parts such as thin wire coaxial connectors and micro radio frequency (RF) coaxial connectors, as well as electronics mechanical parts. The Automobile Part segment is engaged in the manufacture and sale of automobile electrical components, such as in-vehicle sensors, in-vehicle connectors and automotive-related parts. The Equipment segment is engaged in the manufacture and sale of semiconductor resin seal equipment and molds.
Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended of June 30, 2016; Provides Dividend Guidance for the Year Ending of December 31, 2016; Announces Dividend for the Quarter Ended of June 30, 2016, Payable on September 05, 2016; Provides Earnings Guidance for the Year Ending of December 31, 2016
I-PEX INC. 
