Kameda Seika Co., Ltd. Reports Consolidated Earnings Results for Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
October 31, 2019 at 12:30 am EDT
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Kameda Seika CO. Ltd. reported consolidated earnings results for six months ended September 30, 2019. For the period, the company reported net sales of JPY 48,649 million compared to JPY 47,000 million a year ago. Operating profit was JPY 1,402 million compared to JPY 1,312 million a year ago. Net income was JPY 1,145 million compared to JPY 1,144 million a year ago. Basic earnings per share were JPY 56.39 compared to JPY 54.23 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expects net sales of JPY 103,000 million, operating income of JPY 6,700 million, profit attributable to owners of parent of JPY 5,000 million and basic earnings per share of JPY 237.14.
KAMEDA SEIKA CO.,LTD. is a Japan-based company mainly engaged in manufacture and sale of rice crackers and snacks. The Company is mainly engaged in the manufacture and sale of rice crackers and premium rice crackers for supermarkets, convenience stores, mass retailers, theme parks, and department stores. It is also engaged in the storage and distribution of rice crackers and raw materials, and other food products manufactured by other food manufacturers. It is also engaged in the production, process and sale of agricultural products, and the sale and maintenance of automobiles. Main brands include Kameda no Kaki no Tane, Kenbutsu, Usuyaki, Age Ichiban, Potapota Yaki, Tsumami Tane, and Teshioya.
Kameda Seika Co., Ltd. Reports Consolidated Earnings Results for Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020