Fuji Seal International, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
May 09, 2018
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Fuji Seal International, Inc. reported consolidated and non-consolidated earnings results for the full year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of ¥154,724 million against ¥141,977 million a year ago. Operating income was ¥11,505 million against ¥9,763 million a year ago. Ordinary income was ¥10,998 million against ¥9,993 million a year ago. Net income attributable to owners of the parent was ¥6,204 million or ¥108.91 per share against ¥5,659 million or ¥99.34 per share a year ago. Return on equity was 7.2% against 7.0% a year ago. Net cash provided by operating activities was ¥11,879 million compared with ¥15,185 million a year ago. Income before income taxes was ¥9,164 million against ¥9,683 million a year ago. Purchase of tangible fixed assets was ¥8,271 million against ¥11,742 million a year ago. Purchase of intangible assets was ¥330 million against ¥515 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of ¥10,168 million against ¥7,249 million a year ago. Operating income was ¥8,475 million against ¥5,700 million a year ago. Ordinary income was ¥8,572 million against ¥5,759 million a year ago. Net income attributable to owners of the parent was ¥8,361 million or ¥146.76 per share against ¥4,006 million or ¥70.33 per share a year ago.
For the year ending March 31, 2019, the company expects net sales of ¥160,000 million, operating income of ¥12,820 million, ordinary income of ¥13,370 million and net income attributable to owners of the parent of ¥7,500 million or ¥131.64 per share.
FUJI SEAL INTERNATIONAL, INC. is a Japan-based company mainly engaged in the planning, proposing, developing, manufacturing and sales of packaging systems centered on shrink sleeve labels, self-adhesive labels (pressure sensitive labels) and spouted pouches. The Company operates in five segments: Japan segment, the Americas segment, Europe segment, PAGO segment and Association of Southeast Asian Nations (ASEAN) segment. The Company is engaged in the manufacturing and sales of packaging products, packaging machinery and related machinery as well as providing maintenance services. The Companyâs products are used in food, beverages, dairy, home and personal care and pharmaceutical products, etc.
Fuji Seal International, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019