Sanrio Company, Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half of Fiscal 2020 and Full Year of Fiscal 2020
May 14, 2019 at 04:00 am EDT
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Sanrio Company, Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the full year, on consolidated basis, the company reported sales were ¥59,120 million against ¥60,220 million a year ago. Operating profit was ¥4,786 million against ¥5,734 million a year ago. Net profit was ¥3,929 million against ¥4,974 million a year ago. Net profit per share was ¥45.73 against ¥58.09 a year ago.
For the full year, on non-consolidated basis, the company reported sales were ¥40,808 million against ¥42,199 million a year ago. Operating profit was ¥2,342 million against ¥3,108 million a year ago. Net profit was ¥3,587 million against ¥4,175 million a year ago. Net profit per share was ¥42.28 against ¥49.21 a year ago.
The company announced earnings guidance for the First half and full year of 2020. For the First half, the company forecast sales of ¥27,800 million, operating profit of ¥1,700 million, net profit attributable to owners of parent of ¥1,400 million, net profit per share of ¥16.50.
For the full year, the company forecast sales of ¥60,000 million, operating profit of ¥6,100 million, net profit attributable to owners of parent of ¥4,900 million net profit per share of ¥57.74.
Sanrio Company, Ltd. is a Japan-based company mainly engages in the planning and sales of social communication gift products, theme park business and others. Social Communication Gifts business mainly involves in the planning and sales of social communication gifts, as well as greeting cards, publications, the production and sales of video software, and the licensing and management of copyright. The Theme Park business operates theme parks, and plans and provides musicals and others. In addition, the Company is also engaged in the sale and leasing of robots, automobile loan, property and casualty insurance agency business and others.
Sanrio Company, Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half of Fiscal 2020 and Full Year of Fiscal 2020