KOSÉ Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Forecast for the Year Ending March 31, 2019; Provides Dividend Forecast for the Fourth Quarter of Fiscal Year Ending March 31, 2019
January 31, 2019 at 01:00 am EST
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KOSÉ Corporation announced consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported Net Sales were ¥247,883 million against ¥223,566 million a year ago. Operating profit was ¥46,282 million against ¥38,980 million a year ago. Ordinary profit was ¥47,475 million against ¥39,652 million a year ago. Profit attributable to owners of parent was ¥32,930 million against ¥24,724 million a year ago. Basic net income per share was ¥577.28 against ¥433.44 a year ago.
The company provides consolidated earnings forecast for the year ending March 31, 2019. The company forecast net sales of ¥325,000 million. Operating profit of ¥56,000 million. Ordinary profit of ¥57,400 million. Profit attributable to owners of parent of ¥38,300 million. Net income per share of ¥671.42.
The company provides dividend forecast for the fourth quarter of fiscal year ending March 31, 2019. For the fourth quarter, company forecast dividend of ¥85 per share.
KOSE Corporation is a Japan-based company principally engaged in the manufacture and sale of cosmetic products. The Company operates in two business segments. Make-up segment is engaged in the manufacture and sale of products under the brands of KOSE, Sekkisei, ESPRIQUE, COSME DECORTE, Predia, INFINITY, JILLSTUART, ADDICTION, CLIE, ALBION, tarte, among others. Cosmetry segment is engaged in the manufacture and sale of products under the brands of Visee, Fasio, ELSIA, softymo, SUNCUT, CLEAR TURN, Stephen Knoll New York, Nature & Co, among others. The Company is also involved in the manufacture and sale of amenity products, the leasing of real estate properties, the manufacture and export of materials, as well as the original equipment manufacturing (OEM) business.
KOSÉ Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Forecast for the Year Ending March 31, 2019; Provides Dividend Forecast for the Fourth Quarter of Fiscal Year Ending March 31, 2019