Chiyoda Ute Co., Ltd. provided year end dividend guidance for the fiscal year ending March 31, 2020. For the year, the company expects to paid a dividend of JPY 5.00 per share against JPY 3.00 per share a year ago.

The company reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 14,473 million compared to JPY 14,334 million a year ago. Operating loss was JPY 378 million compared to JPY 445 million a year ago. Loss attributable to owners of parent was JPY 182 million compared to JPY 320 million a year ago. Net loss per share was JPY 10.56 compared to JPY 18.57 a year ago.

The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expects consolidated net sales of JPY 31,000 million, operating income of JPY 250 million, profit attributable to owners of parent of JPY 200 million. Net income per share was JPY 11.59.