HIRANO TECSEED Co.,Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Announces Second Quarter End Dividend for the Period Ended September 30, 2019, Payable on December 3, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020
November 07, 2019
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HIRANO TECSEED Co.,Ltd. announced consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 15,852 million compared to JPY 13,431 million a year ago. Operating income was JPY 2,796 million compared to JPY 1,750 million a year ago. Profit for the period was JPY 1,981.501 million compared to JPY 1,139.116 million a year ago. Basic earnings per share was JPY 127.51 compared to JPY 75.72 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the period, the company expects net sales of JPY 30,000 million, operating income JPY 3,950 million, net income attributable to owners of parent JPY 2,700 million and basic earnings per share of JPY 179.48.
The company announced second quarter end dividend of JPY 18 per share for the six months ended September 30, 2019 compared to JPY 18 per share paid a year ago. Scheduled date of commencing dividend payments is December 3, 2019.
The company provided dividend guidance for the year ending March 31, 2020. The company expects year-end dividend of JPY 18 per share compared to JPY 27 per share paid a year ago.
HIRANO TECSEED Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of coating machines-related and chemical machines-related equipment, among others. The Coating Machines-related segment manufactures and sells coating and laminating-related machines such as magnetic tapes, composite films for wrapping, adhesive tapes, synthetic leathers, floor materials, wallpaper, decorative sheets, insulating plates, as well as drying and heat disposal machines, among others. The Chemical Machines-related segment manufactures and sells macromolecular chemical machines such as machines for plastic films, film formations, electrical printed circuit boards (PCBs) and ceramic sheet moldings, high-heat processing equipment, drying and heat disposal machines and others. The Others segment manufactures and sells dyeing machines and various machinery parts, as well as provides repair and remodeling services.
HIRANO TECSEED Co.,Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Announces Second Quarter End Dividend for the Period Ended September 30, 2019, Payable on December 3, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020
HIRANO TECSEED CO.,LTD. 
