LINTEC Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter End and Year-End for the Year Ending March 31, 2018
August 06, 2017
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LINTEC Corporation reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 60,705 million against JPY 48,415 million for the same period a year ago. Operating income was JPY 4,960 million against JPY 3,721 million for the same period a year ago. Ordinary income was JPY 4,798 million against JPY 2,817 million for the same period a year ago. Profit attributable to owners of the parent was JPY 2,715 million against JPY 2,112 million for the same period a year ago. Net income per diluted share was JPY 37.58 against JPY 29.24 for the same period a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of JPY 250,000 million, operating income of JPY 20,000 million, ordinary income of JPY 19,500 million, profit attributable to owners of parent of JPY 13,500 million and net income per share of JPY 187.11.
The company provided dividend guidance for the second quarter end and year-end for the year ending March 31, 2018. For the second quarter end, the company expects to pay cash dividend of JPY 33.00 per share against JPY 33.00 per share for the same period a year ago.
For the year-end, the company expects to pay cash dividend of JPY 33.00 per share against JPY 33.00 per share for the same period a year ago.
LINTEC Corporation is a Japan-based company mainly involved in the manufacture and sale of printing material and industrial engineering material related products. The Company operates in three business segments. The Printing and Industrial Material-related segment is engaged in the manufacture and sale of adhesive products for seals and labels, label printing machinery, barcode printers, film used for outdoor signages and advertisement, window film, automobile adhesive products and industrial adhesive tape, among others. The Electronic and Optic-related segment provides semiconductor-related adhesive products, semiconductor-related machinery, coating film for laminated ceramic capacitors and optical-related products. The Western Paper and Processing Material-related segment manufactures and sells paper of colorful envelopes, special functional paper, released paper, released film, as well as casting paper for carbon fiber composite materials and synthetic leather.
LINTEC Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter End and Year-End for the Year Ending March 31, 2018