Shofu Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter of Year Ended March 31, 2020; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Fiscal Year Ending March 31, 2020
August 01, 2019
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Shofu Inc. announced unaudited consolidated earnings results for the first quarter of Year Ended March 31, 2020. For the quarter, the company reported net sales of ¥6,461 million against ¥6,092 million a year ago. Operating income was ¥542 million against ¥388 million a year ago. Ordinary profit was ¥500 million against ¥415 million a year ago. Net income was ¥247 compared to ¥262 a year ago. Net income per share was ¥15.54 compared ¥16.51 a year ago.
The company provided earnings guidance for the six months ending September 30, 2019 and full year ending March 31, 2020. For the six months, the company expects net sales of ¥12,906 million, operating income of ¥905 million, ordinary income of ¥854 million and net income of ¥569 million or ¥35.84 per share.
For the year, the company expects net sales of ¥26,190 million, operating income of ¥2,056 million, ordinary income of ¥1,941 million and net income of ¥1,377 million or ¥86.61 per share.
SHOFU INC. is a Japan-based company mainly engaged in the manufacture and sale of dental materials and equipment. The Company operates in three business segments. The Dental-related segment is engaged in the manufacture and sale of prosthetic tooth materials, abrasive materials, metals, chemicals, cement, as well as various equipment and tools. The Nail-related segment is engaged in the manufacture and sale of nail care products. The Others segment is engaged in the manufacture and sale of industrial abrasives.
Shofu Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter of Year Ended March 31, 2020; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Fiscal Year Ending March 31, 2020
SHOFU INC. 
