Matsuoka Corporation announced consolidated earnings results for the second quarter of fiscal year ending March 31, 2020. For the quarter, the company reported sales of JPY 26,923 million against JPY 32,513 million a year ago. Operating income of JPY 1,543 million against JPY 2,718 million a year ago. Profit attributable to owners of parent was JPY 969 million against JPY 1,046 million a year ago. Net income per share was JPY 96.80 against JPY 105.02 a year ago. Diluted net income per share was JPY 95.84 against JPY 103.46 a year ago.

The company provided earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expected sales of JPY 57,000 million, operating income of JPY 2,700 million, Profit attributable to owners of parent of JPY 2,000 million or JPY 199.51 per share.

For the fiscal year ending March 31, 2020 the company expected to pay dividend of JPY 40 per share against JPY 50 per share paid a year ago.