M3, Inc. announced year-end dividend of JPY 7 per share for the year ended March 31, 2019 compared to JPY 11 per share paid a year ago. Dividend payment commencement date is June 11, 2019.

The company announced consolidated financial results for the year ended March 31, 2019. For the year, the company reported net sales of JPY 113,059 million against JPY 94,471 million for the same period a year ago. Operating profit was JPY 30,800 million against JPY 29,713 million for the same period a year ago. Pre-tax profit was JPY 30,942 million against JPY 27,472 million for the same period a year ago. Net profit was JPY 21,346 million or JPY 30.22 per basic share or JPY 30.20 per diluted share against JPY 20,783 million or JPY 27.99 per basic share or JPY 27.97 per diluted share for the same period a year ago.



For the second quarter of fiscal 2020, on consolidated basis, the company expects net sales to be JPY 60,000 million. Operating profit is expected to be JPY 15,000 million. Pre-tax profit is expected to be JPY 15,000 million. Net profit is expected to be JPY 10,300 million. Basic earnings per share is expected to be JPY 14.05 per share.

For the year ending March 31, 2020, on consolidated basis, the company expects net sales to be JPY 130,000 million. Operating profit is expected to be JPY 35,000 million. Pre-tax profit is expected to be JPY 35,000 million. Net profit is expected to be JPY 24,000 million. Basic earnings per share is expected to be JPY 33.96 per share.