Dai-ichi Seiko Co., Ltd. announced consolidated earnings results for the second quarter ended June 30, 2019. For the quarter, the company reported Net Sales were JPY 25,422 million against JPY 25,380 million a year ago. Operating loss was JPY 276 million against operating income of JPY 387 million a year ago. Net loss attributable to owners of parent was JPY 643 million against net income attributable to owners of parent of JPY 166 million a year ago. Net loss per share was JPY 38.48 against net income per share of JPY 9.98 a year ago.

The company provided consolidated earnings guidance for the year ending December 31, 2019. For the year, the company expects net sales to be JPY 53,400 million. Operating income is expected to be JPY 550 million. Net income attributable to owners of parent is expected to be JPY 200 million. Net income per share is expected to be JPY 11.96 per share.

The company announced dividend for the second quarter of fiscal year 2019 of JPY 5.00 per share against JPY 5.00 paid per share a year ago. The dividend payment starts from September 3, 2019.

The company expects to pay a year end dividend of JPY 15.00 per share for the year ending December 31, 2019 against JPY 15.00 paid per share a year ago.