Hosokawa Micron Corporation Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2019; Provides Consolidated Earnings Guidance for the First Half and Fiscal Full Year Ending September 30, 2020; Provides Dividend Guidance for the Second Quarter and Year Ending September 30, 2020
February 06, 2020
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Hosokawa Micron Corporation reported consolidated earnings results for the first quarter ended December 31, 2019. For the quarter, the company reported net sales of JPY 13,170 million compared to JPY 14,086 million a year ago. Operating profit was JPY 939 million compared to JPY 1,532 million a year ago. Ordinary profit was JPY 999 million compared to JPY 1,580 million a year ago. Profit attributable to owners of parent was JPY 714 million compared to JPY 1,122 million a year ago. Basic earnings per share was JPY 88.24 compared to JPY 137.88 a year ago. Diluted earnings per share was JPY 87.94 compared to JPY 137.45 a year ago.
The company provided consolidated earnings guidance for the first half and fiscal full year ending September 30, 2020. For the year, the company expects net sales to be of JPY 54,500 million. Operating profit expected to be of JPY 5,000 million. Ordinary profit expected to be of JPY 5,000 million. Profit attributable to owners of parent expected to be of JPY 3,300 million. Basic earnings per share expected to be of JPY 407.21.
For the first half, the company expects net sales to be of JPY 24,000 million. Operating profit expected to be of JPY 1,200 million. Ordinary profit expected to be of JPY 1,200 million. Profit attributable to owners of parent expected to be of JPY 800 million. Basic earnings per share expected to be of JPY 98.72.
The company provided dividend guidance for the second quarter and year ending September 30, 2020. For the second quarter, The company expects dividend of JPY 55.00 compared to JPY 55.00 a year ago.
For the full year ending September 30, 2020, The company expects dividend of JPY 55.00 compared to JPY 55.00 a year ago.
HOSOKAWA MICRON CORPORATION is a Japan-based company mainly engaged in the powder related business and the plastic thin film related business. The Company operates through two business segments. The Powder-related segment provides crushing and classification equipment, mixing and drying equipment, particle design and granulation equipment, measuring equipment and lab equipment, dust collection equipment, containment equipment, powder processing contracts and functional composite materials. The Plastic Thin Film related segment is engaged in the development, manufacture and sale of various types of plastic multilayer high-performance film thin film production equipment. The main products are fine pulverizers, ultra-fine pulverizers, classifiers, mixers, dryers, nano composite particle manufacturing equipment, granulators, measuring machines, dust collectors, safety booths and isolators.
Hosokawa Micron Corporation Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2019; Provides Consolidated Earnings Guidance for the First Half and Fiscal Full Year Ending September 30, 2020; Provides Dividend Guidance for the Second Quarter and Year Ending September 30, 2020