Uss Co., Ltd. Reports Audited Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings for the Full Year Ending March 31, 2020; Announces Dividend for the Second Quarter for the Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
November 10, 2019
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USS Co., Ltd. reported audited consolidated earnings results for the six months Ended September 30, 2019;. For the period, the company's net sales were JPY 38,792 million compared to JPY 38,842 million a year ago. Operating profit was JPY 17,907 million compared to JPY 18,127 million a year ago. Profit attributable to owners of the Company was JPY 12,232 million compared to JPY 12,333 million a year ago. Profit per share was JPY 48.75 compared to JPY 48.53 a year ago. Diluted profit per share was JPY 48.65 compared to JPY 48.44 a year ago.
The company provided consolidated earnings forecast for the full year ending March 31, 2020. For the full year, the company expected net sales of JPY 79,700 million, operating income of JPY 37,000 million and profit attributable to owners of the company of JPY 25,100 million or JPY 100.29 per share.
For the second quarter, the company announced dividend of JPY 25.60 per share against JPY 24.60 paid a year ago.
For the year ending March 31, 2020, the company expects JPY 29.80per share against JPY 25.80 paid a year ago.
USS Co Ltd is a Japan-based company mainly engaged in the auto auctions business. The Company operates in two business segments. The Auto Auction segment is engaged in the operation of auto auctions with used car dealers as members, the management of motorcycle auctions with used motorcycle dealers as members, the provision of auto auction connection services by satellite TV line and Internet, the provision of used car information services, the land transportation agency of exhibited cars and successful cars of auto auction, as well as the provision of financial services for auto auction members. The Used Automobile Purchase and Sale segment is engaged in the purchase and sale of used cars and accident-affected vehicles. The other business is engaged in the recycling of used vehicles, the provision of agency services for used vehicles, the sale of solar power generation systems and rental cars, as well as production and sale of recycled plastics.
Uss Co., Ltd. Reports Audited Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings for the Full Year Ending March 31, 2020; Announces Dividend for the Second Quarter for the Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
USS CO., LTD. 
