MISUMI Group Inc. Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
January 28, 2020
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MISUMI Group Inc. announced consolidated financial results for the nine months ended December 31, 2019. For the nine months, the company's Net Sales were JPY 235,786 million against JPY 249,719 million a year ago. Operating income was JPY 18,109 million against JPY 22,694 million a year ago. Ordinary income was JPY 17,648 million against JPY 22,660 million a year ago. Net income was JPY 12,960 million against JPY 16,269 million a year ago. Basic earnings per share attributable to owners of the parent was JPY 45.54 against JPY 57.23 a year ago. Diluted earnings per share attributable to owners of the parent was JPY 45.40 against JPY 57.02 a year ago.
The company expects to pay a year-end dividend of JPY 10.22 per share for the fiscal year ending March 31, 2020, compared with JPY 10.99 per share for the fiscal year ended March 31, 2019.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. The company expects to report net sales of JPY 326,500 million, operating income of JPY 27,700 million, ordinary income of JPY 27,300 million, net income attributable to owners of parent of JPY 20,100 million, and basic earnings per share attributable to owners of the parent of JPY 70.86.
MISUMI Group Inc. is a Japan-based company mainly engaged in the factory automation (FA) business, the mold parts business, and the parts and consumables (MRO) business. The Company has three business segments. The FA segment is engaged in the manufacture and sale of shafts, bushes, linear guides, locating parts, pulleys stages and other standard parts for automatic equipment, as well as the development and provision of automatic positioning modules and various research equipment. The Metal Molding Parts segment is engaged in the development and provision of spring guides, ejector pins, core pins, guides, retainers and other standard mold parts for automotive, electronic and electrical equipment fields, as well as the provision of precision mold parts. The Variation & One-stop by New Alliance (VONA) segment is engaged in the general distribution business, as well as the provision of air pressure parts, piping parts, screws, bolts and other manufacturing materials and MRO products.
MISUMI Group Inc. Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
MISUMI GROUP INC. 
