Rion Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Six Months of Fiscal Year 2021 and Full Year Ending March 31, 2020
April 27, 2020
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Rion Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2020. For the year, on consolidated basis, the company reported net sales of ¥21,465 million against ¥21,289 million a year ago. Operating profit was ¥2,485 million against ¥2,703 million a year ago. Profit attributable to owners of parent was ¥1,779 million against ¥2,002 million a year ago. Profit per share basic was ¥144.96 against ¥163.14 a year ago.
For the year, on non-consolidated basis, the company reported net sales of ¥16,999 million against ¥17,041 million a year ago. Operating profit was ¥2,053 million against ¥2,257 million a year ago. Profit was ¥1,686 million against ¥1,952 million a year ago. Profit per share basic was ¥137.39 against ¥159.05 a year ago.
For the year ending March 31, 2021, the company expects net sales of ¥22,300 million, operating profit of ¥2,500 million, profit attributable to the owners of the parent of ¥1,900 million or ¥154.76 per share.
For the six months of fiscal year 2021, the company expects net sales of ¥10,700 million, operating profit of ¥1,400 million, profit attributable to the owners of the parent of ¥1,000 million or ¥81.45 per share.
RION CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of medical equipment and environmental equipment. The Company operates in two business segments. The Medical Equipment manufactures and sells hearing aids and training equipment for hearing impaired people, as well as audiometers and hearing testing equipment. The Environmental Equipment segment provides sound level meters, vibration meters, seismometers and frequency analyzers, as well as air particle counters and liquid particle counters.
Rion Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Six Months of Fiscal Year 2021 and Full Year Ending March 31, 2020