Nihon Seiko Co., Ltd. reported consolidated financial results for the first quarter ended June 30, 2019. For the quarter, the company reported operating income of ¥197 million and profit attributable to owners of parent of ¥124 million or ¥50.99 per share on net sales of ¥2,945 million against operating income of ¥393 million and profit attributable to owners of parent of ¥276 million or ¥113.21 per share on net sales of ¥3,663 million for the same period of last year.

For the first half to Sep. 2019, the company expects, operating income of ¥390 million and profit attributable to owners of parent of ¥240 million or ¥98.32 per share on net sales of ¥5,800 million.

For the full year to Mar. 31, 2020, the company expects, operating income of ¥1,000 million and profit attributable to owners of parent of ¥630 million or ¥258.09 per share on net sales of ¥12,000 million.

For the full year to Mar. 31, 2020, the company expects to pay a dividend of ¥37.50 at the end of the second quarter and ¥37.50 at the end of the year.