Nippon Information Development Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Second Quarter and Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Year Ending March 31, 2020
August 01, 2019
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Nippon Information Development Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 4,095 million compared to JPY 4,116 million a year ago. Operating income was JPY 275 million compared to JPY 333 million a year ago. Ordinary income was JPY 311 million compared to JPY 371 million a year ago. Profit attributable to owners of parent was JPY 210 million or JPY 18.53 per share compared to JPY 249 million or JPY 21.94 per share a year ago.
For the second quarter, the company expects consolidated net sales of JPY 9,000 million, operating income of JPY 800 million, ordinary income of JPY 880 million and profit attributable to owners of parent of JPY 600 million or JPY 52.84 per share.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 19,000 million, operating income of JPY 1,900 million, ordinary income of JPY 2,060 million and profit attributable to owners of parent of JPY 1,390 million or JPY 122.40 per share.
The company expects to pay a dividend of JPY 22 per share as year end dividend against JPY 21 per share paid last year.
Nippon Information Development Co., Ltd. is a Japan-based company mainly engaged in the embedded solution business, information and communication technology (ICT) innovation business, financial system business, network solution business and other businesses. The Company operates in five business segments. The Embedded Solutions segment is engaged in the development and design of embedded software to customers. The ICT Innovation Business is engaged in the design and development of communication systems for customers. The Financial Systems segment provides financial business software to customers in the fields of life and non-life insurance, credit and securities, information and services. The Network Solution segment provides services such as system construction, infrastructure construction, security services, system maintenance and operation. The Others segment is involved in three businesses including data solutions business, product business and staffing business.
Nippon Information Development Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Second Quarter and Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Year Ending March 31, 2020
NIPPON INFORMATION DEVELOPMENT CO., LTD. 
