Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Revises Earnings Guidance for the Fiscal Year Ending March 31, 2017
November 12, 2016 at 04:57 pm
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Sekisui Plastics Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the period, the company announced net sales of JPY 48,724 million compared to JPY 50,038 million a year ago. Operating income was JPY 2,390 million compared to JPY 2,278 million a year ago. Recurring income was JPY 2,059 million compared to JPY 1,929 million a year ago. Net income attributable to shareholders was JPY 1,319 million or JPY 28.23 per share compared to JPY 1,175 million or JPY 25.15 per share a year ago.
The company revised consolidated earnings guidance for the fiscal year ending March 31, 2017. For the full year, the company expects to report net sales of JPY 103,500 million, operating income of JPY 5,250 million, recurring income of JPY 5,250 million and net income attributable to shareholders of JPY 3,300 million or JPY 70.61 per share.
Sekisui Kasei Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of foamed plastics and other materials. The Company operates in two business segments. The Life segment is engaged in the manufacture and sale of agriculture and fisheries transport containers, food containers, construction materials related products and among others. The Industry segment is engaged in the manufacture and sale of materials, packaging materials and related products used in automobiles and digital home appliances.
Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Revises Earnings Guidance for the Fiscal Year Ending March 31, 2017