Rion Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2020; Declares Dividend for the Full Year Ended March 31, 2019, Payable on June 26, 2019; Provides Dividend Guidance for the Half Year and Full Year Ending March 31, 2020
May 10, 2019 at 02:00 am EDT
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Rion Co., Ltd. reported consolidated earnings results for the full year ended March 31, 2019. For the year, on consolidated basis, Net sales were JPY 21,289 million against JPY 20,350 million reported a year ago. Operating profit were JPY 2,703 million against JPY 2,572 million reported a year ago. Profit attributable to owners of parent were JPY 2,002 million against JPY 1,887 million reported a year ago. Basic earnings per share was JPY 163.14 against JPY 153.76 reported a year ago.
For the six months ending September 30, 2019, the company expects Net sales of JPY 10,000 million, Operating profit of JPY 1,050 million, Profit attributable to owners of parent of JPY 800 million or Basic earnings per share of JPY 65.16.
For the full year ending March 31, 2020, the company expects Net sales of JPY 21,600 million, Operating profit of JPY 2,800 million, Profit attributable to owners of parent of JPY 2,100 million or Basic earnings per share of JPY 171.05.
For the full year ended March 31, 2019, the company declared dividend, JPY 22.00 against JPY 20.00 a year ago, payable on June 26, 2019.
For the half year of fiscal 2020, the company expects to pay JPY 20.00 per share against JPY 18.00 a year ago.
For the full year of fiscal 2020, the company expects to pay JPY 20.00 per share against JPY 22.00 a year ago.
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. Reports Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2020; Declares Dividend for the Full Year Ended March 31, 2019, Payable on June 26, 2019; Provides Dividend Guidance for the Half Year and Full Year Ending March 31, 2020
RION CO., LTD. 
