Nipro Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Year End Dividend Forecast for the Fiscal Year Ending March 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
February 07, 2018
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Nipro Corporation announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the group reported net sales of ¥293,869 million, operating income of ¥20,775 million, ordinary income of ¥20,118 million and profit attributable to owners of parent of ¥13,824 million or ¥75.41 per diluted share compared to net sales of ¥270,187 million, operating income of ¥26,148 million, ordinary income of ¥23,700 million and profit attributable to owners of parent of ¥14,071 million or ¥75.82 per diluted share reported in the same period last year. Profit before income taxes was ¥18,744 million against ¥22,560 million reported last year.
For the fiscal year ending March 31, 2018, the company reported year end dividend forecast of ¥21.00 per share compared to ¥21.50 per share declared last year.
For the fiscal year ending March 31, 2018, the company expected to report net sales of ¥400,500 million, operating income of ¥32,500 million, ordinary income of ¥30,100 million and profit attributable to owners of parent of ¥19,000 million or ¥114.03 per share.
NIPRO CORPORATION is a manufacturer of medical devices, pharmaceuticals and instrument products. The Company has three segments. The Medical-Related segment involves in the sale of injections and infusions, artificial organs, high function and dialysis related medical equipment, and diabetes, generics and kits related medicine products in Japan, as well as the sales of medical devices for injection and infusion, artificial organs and diabetes in overseas markets. The Pharmaceutical-Related segment involves in the manufacture and sale of pharmaceuticals. The Pharma Packaging segment sells glass for vials and ampoules as medical glass in Japan, thermos glass for lighting and glass for lighting equipment.
Nipro Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Year End Dividend Forecast for the Fiscal Year Ending March 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018