Axial Retailing Inc. Announces Dividend for the Second Quarter Ended September 30, 2018, Payable on December 6, 2018; Provides Dividend Guidance for the Year Ending March 31, 2019; Reports Consolidated Earnings Results for Six Months Ended September 2018; Provides Earnings Outlook for the Year Ending March 31, 2019
November 06, 2018 at 01:00 am EST
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Axial Retailing Inc. announced second quarter end dividend of JPY 20 per share for the period ended September 30, 2018 compared to JPY 20 per share a year ago. Dividend payable date (as planned) is December 6, 2018.
The company provided dividend guidance for the year ending March 31, 2019. The company expects year-end dividend of JPY 50 per share compared to JPY 50 per share a year ago.
The company reported consolidated earnings results for six months ended September 2018. For the period, the company's net sales were JPY 118,405 million compared to JPY 115,790 million a year ago. Operating profit was JPY 4,664 million compared to JPY 4,364 million a year ago. Profit attributable to owners of parent was JPY 3,120 million compared to JPY 2,901 million a year ago. Basic earnings per share was JPY 133.68 compared to JPY 124.31 a year ago.
For the year ending March 31, 2019, the company expects net sales to be JPY 233,000 million, operating profit to be JPY 9,100 million and profit attributable to owners of parent to be JPY 6,000 million or basic earnings per share to be JPY 257.04.
Axial Retailing Inc. is a company mainly engaged in the operation of supermarkets. The Supermarket segment is engaged in the operation of supermarkets, the procurement and wholesale of merchandises sold in the supermarkets operated by the Company, as well as the manufacture and processing of foods sold in the supermarkets operated by the Company. The Others segment is engaged in the sanitary service, the operation of insurance agents specializing in the agency of insurance contract, the processing of information, the development of software, the preparation of advertisement leaflets and other prints, cargo handling operations and cleaning business, as well as the sale of automobile.
Axial Retailing Inc. Announces Dividend for the Second Quarter Ended September 30, 2018, Payable on December 6, 2018; Provides Dividend Guidance for the Year Ending March 31, 2019; Reports Consolidated Earnings Results for Six Months Ended September 2018; Provides Earnings Outlook for the Year Ending March 31, 2019
AXIAL RETAILING INC. 
