Imasen Electric Industrial Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings for the Year Ending March 31, 2020; Announces Second Quarter End Dividend for the Six Months Ended September 30, 2019, Payable on December 2, 2019; Provides Year-End Dividend Guidance for the Year Ending March 31, 2020
November 07, 2019
Share
Imasen Electric Industrial Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 56,387 million against JPY 59,744 million a year ago. Operating profit was JPY 1,388 million against JPY 1,701 million a year ago. Profit was JPY 851 million against JPY 1,163 million a year ago. Earnings per share was JPY 39.23 against JPY 53.96 a year ago.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 112,000 million, operating profit of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million and earnings per share of JPY 100.90.
The company announced second dividend of JPY 16.00 per share for the fiscal year 2020 against JPY 16.00 per share a year ago, payable on December 2, 2019.
The company expects year-end dividend of JPY 17.00 per share for the year ending March 31, 2020 against JPY 16.00 per share a year ago.
Imasen Electric Industrial Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of mechanical products and electric products for automobiles, wire harnesses and assistive products. The Company operates through three business segments. The Auto Part Related segment is mainly engaged in the manufacture and sale of seat adjusters, window regulators and other automobile mechanical products, as well as lamps, electronic units, horns and other automobile electric products. The Wire Harness segment is mainly engaged in the manufacture and sale of wire harnesses for aircrafts and equipment. The Assistive Product segment is mainly engaged in the manufacture and sale of electric wheelchairs, artificial hands, artificial legs and non-powered walking support equipment. The Company is also engaged in the provision of welfare services for employees.
Imasen Electric Industrial Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings for the Year Ending March 31, 2020; Announces Second Quarter End Dividend for the Six Months Ended September 30, 2019, Payable on December 2, 2019; Provides Year-End Dividend Guidance for the Year Ending March 31, 2020
IMASEN ELECTRIC INDUSTRIAL CO., LTD. 
