Kawata Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
February 12, 2020 at 01:00 am EST
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Kawata Mfg. Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of ¥16,296 million against ¥18,144 million a year ago. Operating income was ¥1,368 million against ¥1,877 million a year ago. Basic earnings per share was ¥123.11 against ¥189.33 a year ago. Net income attributable to owners of parent was ¥871 million against ¥1,340 million a year ago.
For the year ending March 31, 2020, the company expects net sales of ¥21,000 million, operating income of ¥1,700 million and net income attributable to owners of parent of ¥1,190 million or ¥168.04 basic earnings per share.
For the year ending March 31, 2020, the company expected to pay dividend of ¥15.00 per share compared to ¥15.00 per share paid a year ago.
KAWATA MFG.CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of plastic products making equipment, as well as the provision of related system engineering services and other related services. The Company operates through four regional segments. The Company is engaged in the production of transport equipment (Autoloaders), transport, weighing and mixing equipment (Auto Colors), high speed mixers (Super Mixers), driers (Challengers), large drying devices, material storage systems, automatic material supply systems, material weighing and mixing systems, mold temperature controllers (Just Thermo), mold cooling devices (Chillers), plastics crushers, as well as streamed equipment and automated systems for each process of environmental preservation. The Company operates in Japan, East Asia, Southeast Asia and North America.
Kawata Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
KAWATA MFG. CO., LTD. 
