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.