Kosé Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2020; Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
January 31, 2020 at 01:00 am EST
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KOSÉ Corporation provided dividend guidance for the fiscal year ending March 31, 2020. The company expects year-end dividend of JPY 95 per share compared with JPY 95 per share a year ago.
The company announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported Net Sales were JPY 249,034 million against JPY 247,883 million a year ago. Operating profit was JPY 37,850 million against JPY 46,282 million a year ago. Profit attributable to owners of parent was JPY 24,873 million or JPY 436.04 per basic share against JPY 32,930 million or JPY 577.28 per basic share a year ago. Profit of JPY 26,278 million compared to JPY 34,660 million a year ago.
The company revised consolidated earnings guidance for the full year ending March 31, 2020. For the year, the company expected to report net sales of JPY 336,000 million, operating profit of JPY 45,000 million and profit attributable to owners of parent of JPY 30,000 million or JPY 525.91 per share compared to previously expected net sales of JPY 352,000 million, operating profit of JPY 54,000 million and profit attributable to owners of parent of JPY 37,100 million or JPY 650.37 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, 2019; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2020; Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
KOSÉ CORPORATION 
