Kokuyo Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019; Announces Dividend for the Six Months Ended June 30, 2019, Payable on September 5, 2019; Provides Dividend Guidance for the Year Ending December 31, 2019
July 28, 2019
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Kokuyo Co., Ltd. announced consolidated earnings results for the six months ended June 30, 2019. For the six months, the company's Net Sales were JPY 167,652 million against JPY 167,081 million a year ago. Operating income was JPY 11,619 million against JPY 13,680 million a year ago. Profit was JPY 9,719 million against JPY 11,000 million a year ago. Earnings per share was JPY 81.74 against JPY 92.31 a year ago.
For the six months ended June 30, 2019, the company announced dividend of JPY 18.50 per share against JPY 16.00 per share paid a year ago. The dividend will be payable on September 5, 2019.
For the year ending December 31, 2019, the company expects dividend of JPY 18.50 per share against JPY 16.00 per share paid a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2019, the company expects net sales of JPY 322,000 million, operating income of JPY 16,800 million, profit attributable to owners of parent of JPY 14,400 million or net income per share of JPY 121.76.
KOKUYO CO., LTD. is a Japan-based manufacturing company primarily offering stationery and furniture products. The Company operates in three segments. The Stationery-related segment manufactures, purchases and sells stationery products and business supplies. The Furniture-related segment manufactures, purchases and sells office furniture, space design and consultation business. The Mail-order and Retail segment is engaged in the mail-order sales of office products and the sale of interiors and household goods.
Kokuyo Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019; Announces Dividend for the Six Months Ended June 30, 2019, Payable on September 5, 2019; Provides Dividend Guidance for the Year Ending December 31, 2019