Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Company name: Nippon Carbon Co., Ltd. Stock exchange listing: Tokyo
Stock code: 5302 URL http://www.carbon.co.jp
Representative: President and Representative Director Takafumi Miyashita Corporate Officer and General Manager of
February 10, 2017
Inquiries:
Business Control Div.
Koji Imai TEL 03-6862-6110
Scheduled date of ordinary general meeting of shareholders: March 29, 2017 Scheduled date to file Securities Report: March 29, 2017
Scheduled date to commence dividend payments: March 30, 2017 Preparation of supplementary material on financial results: No
Holding of financial results meeting: No
(Amounts less than one million yen are rounded down)
Consolidated financial results for the year ended December 31, 2016 (from January 1, 2016 to December 31, 2016)
Consolidated operating results Percentages indicate year-on-year changes
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Year ended December 31, 2016
Year ended December 31, 2015
Millions of yen
22,903
28,891
% (20.7)
(2.3)
Millions of yen
(663)
2,063
%
- 46.4
Millions of yen
(570)
1,884
%
- 24.1
Millions of yen
(5,413)
1,076
%
- 34.2
Earnings per share
Diluted earnings per share
Profit attributable to owners of parent/equity
Ordinary income/total assets
Operating income/net sales
Year ended December 31, 2016
Yen
Yen
%
%
%
(48.81)
-
(19.0)
(1.0)
(2.9)
Year ended December 31, 2015
9.51
-
3.4
3.2
7.1
Consolidated financial position
Total assets
Net assets
Equity ratio
Net assets per share
As of December 31, 2016
Millions of yen
Millions of yen
%
Yen
53,895
30,810
47.2
229.37
As of December 31, 2015
59,043
36,617
53.3
283.82
Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Year ended December 31, 2016
Year ended December 31, 2015
Millions of yen
2,370
3,827
Millions of yen
(6,136)
(526)
Millions of yen
3,501
(740)
Millions of yen
10,408
10,685
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Dividend payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
1st quarter-end
2nd quarter-end
3rd quarter-end
Fiscal year-end
Total
Year ended December 31, 2015
Year ended December 31, 2016
Yen
-
-
Yen
0.00
0.00
Yen
-
-
Yen
5.00
5.00
Yen
5.00
5.00
Millions of yen
554
554
%
52.7
-
%
1.8
1.9
Year ending December 31, 2017 (Forecast)
-
0.00
-
5.00
5.00
-
Forecast of consolidated financial results for the year ending December 31, 2017 (from January 1, 2017 to December 31, 2017)
Percentages indicate year-on-year changes
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Earnings per share
Six months ending June 30, 2017
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
-
-
Yen
11,200
0.1
200
9.1
100
(25.5)
0
0.00
Full year
26,000
13.5
1,000
-
1,100
-
1,000
9.02
Notes
Changes in significant subsidiaries during the year ended December 31, 2016 (changes in specified subsidiaries resulting in the change in scope of consolidation):
Yes
) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: Yes Changes in accounting policies due to other reasons: No
Changes in accounting estimates: No
Restatement of prior period financial statements: No
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2016 118,325,045 shares As of December 31, 2015 118,325,045 shares Number of treasury shares at the end of the period
As of December 31, 2016 7,419,440 shares As of December 31, 2015 7,415,843 shares Average number of shares during the period
Year ended December 31, 2016 110,908,119 shares Year ended December 31, 2015 113,127,173 shares
Consolidated financial statements Consolidated balance sheetsAssets
(Millions of yen) As of December 31, 2015 As of December 31, 2016
Current assets
Cash and deposits
10,830
10,553
Notes and accounts receivable - trade
7,894
6,991
Merchandise and finished goods
8,109
5,852
Work in process
3,651
3,761
Raw materials and supplies
1,906
1,757
Deferred tax assets
226
89
Other
801
1,397
Allowance for doubtful accounts
(0)
(4)
Total current assets
33,419
30,400
Non-current assets
Property, plant and equipment
Buildings and structures
12,235
14,249
Accumulated depreciation and impairment loss
(7,494)
(9,037)
Buildings and structures, net
4,741
5,212
Machinery and equipment
37,841
38,444
Accumulated depreciation and impairment loss
(32,273)
(35,835)
Machinery and equipment, net
5,568
2,609
Vehicles, tools, furniture and fixtures
2,758
2,803
Accumulated depreciation and impairment loss
(2,417)
(2,575)
Vehicles, tools, furniture and fixtures, net
341
228
Land
3,938
3,514
Construction in progress
3,918
3,925
Total property, plant and equipment
18,508
15,490
Intangible assets
115
152
Investments and other assets
Investment securities
4,654
5,904
Long-term loans receivable
47
38
Deferred tax assets
396
297
Other
1,938
1,647
Allowance for doubtful accounts
(36)
(36)
Total investments and other assets
7,000
7,851
Total non-current assets
25,624
23,495
Total assets
59,043
53,895
Liabilities
(Millions of yen) As of December 31, 2015 As of December 31, 2016
Current liabilities
Notes and accounts payable - trade
3,985
3,124
Short-term loans payable
8,784
7,843
Notes payable - facilities
268
249
Income taxes payable
531
177
Provision for bonuses
129
111
Provision for directors' bonuses
39
13
Other
3,359
1,669
Total current liabilities
17,098
13,189
Non-current liabilities
Long-term loans payable
2,160
7,095
Deferred tax liabilities
979
915
Net defined benefit liability
1,599
1,256
Provision for directors' retirement benefits
69
80
Provision for environmental measures
22
22
Asset retirement obligations
73
73
Other
422
450
Total non-current liabilities
5,327
9,895
Total liabilities
22,425
23,085
Net assets
Shareholders' equity Capital stock
7,402
7,402
Capital surplus
7,800
7,800
Retained earnings
16,237
10,226
Treasury shares
(1,824)
(1,825)
Total shareholders' equity
29,615
23,604
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
1,905
1,904
Foreign currency translation adjustment
62
16
Remeasurements of defined benefit plans
(106)
(87)
Total accumulated other comprehensive income
1,861
1,833
Non-controlling interests
5,139
5,372
Total net assets
36,617
30,810
Total liabilities and net assets
59,043
53,895