Dai-Ichi Seiko Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for Six Months Ending June 30, 2016 and Fiscal Ending March 31, 2017
May 09, 2016
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Dai-ichi Seiko Co., Ltd. reported consolidated earnings results for the year ended March 31, 2016. The company reported net sales of ¥10,935 million, operating loss of ¥240 million, net loss attributable to owners of parent of ¥763 million or ¥45.68 per share against net sales of ¥11,880 million, operating income of ¥595 million, net income attributable to owners of parent of ¥554 million or ¥33.16 per share a year ago.
For the six months ending June 30, 2016, the company expects net sales of ¥25,000 million, operating income of ¥700 million, net income attributable to owners of parent of ¥600 million or ¥35.88 per share a year ago.
For the fiscal ending March 31, 2017, the company expects net sales of ¥53,000 million, operating income of ¥2,300 million, net income attributable to owners of parent of ¥1,700 million or ¥101.66 per share a year ago.
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 Year Ended March 31, 2016; Provides Earnings Guidance for Six Months Ending June 30, 2016 and Fiscal Ending March 31, 2017
I-PEX INC. 
