Kagome Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Earnings Forecast for the Year Ending Dec. 31, 2019; Provides Dividend Forecast for the Fourth Quarter of Fiscal Year Ending December 31, 2019
October 31, 2019 at 02:40 am EDT
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Kagome Co., Ltd. announced consolidated earnings results for the nine months ended September 30, 2019. For the period, the company reported revenue was ¥134,565 million against ¥138,209 million a year ago. Core operating income was ¥9,030 million against ¥9,841 million a year ago. Operating income was ¥10,916 million against ¥11,029 million a year ago. Net income attributable to shareholders of parent company was ¥7,971 million against ¥7,490 million a year ago. Earnings per share was ¥89.81 million against ¥84.51 million a year ago. Diluted earnings per share was ¥89.7 million against ¥84.43 million a year ago.
The company provides earnings forecast for the year ending Dec. 31, 2019. The company forecast revenue of ¥189,000 million. Core operating income of ¥12,600 million. Operating income of ¥13,600 million. Net income attributable to shareholders of parent company of ¥9,500 million. Earnings per share of ¥107.1 million.
The company provides dividend forecast for the fourth quarter of fiscal year ending December 31, 2019. For the fourth quarter, company forecast dividend of ¥35 per share.
Kagome Co Ltd is a Japan-based company mainly engaged in the manufacture, purchase and sale of foods at home and abroad. The Company operates through four business segments. The Processed Foods segment is engaged in the manufacture and sale of beverages and seasonings. The main products are the Vegetable Life 100 series, tomato juice, tomato ketchup, tomato seasonings, sauces, and products for mail order and gifts. The International Business segment is engaged in the tomato seed development and agricultural production, as well as product development, processing, and sales. The Agriculture segment is engaged in the production and sale of fresh vegetables. Products include fresh tomatoes, baby leaves, and others. The Other segment is engaged in the real estate business and outsourcing business.
Kagome Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Earnings Forecast for the Year Ending Dec. 31, 2019; Provides Dividend Forecast for the Fourth Quarter of Fiscal Year Ending December 31, 2019
KAGOME CO., LTD. 
