Maruzen Co., Ltd. Announces Consolidated Earnings Results for the Fiscal Year Ended February 28, 2019; Provides Earnings Guidance for the First Half and Full Year Ending February 28, 2020
April 04, 2019
Share
Maruzen Co., Ltd. announced consolidated earnings results for the fiscal year ended February 28, 2019. For the year, on consolidated basis, the company reported Net sales of JPY 51,518 million against JPY 49,895 million a year ago. Operating profit of JPY 4,519 million against JPY 4,287 million a year ago. Profit of JPY 3,383,092,000 against JPY 3,200,118,000 a year ago. Basic earnings per share of JPY 209.21 against JPY 186.37 a year ago.
For the year, on non-consolidated basis, the company reported Net sales of JPY 48,758 million against JPY 47,264 million a year ago. Operating profit of JPY 3,394 million against JPY 3,070 million a year ago. Profit of JPY 3,227 million against JPY 2,998 million a year ago. Basic earnings per share of JPY 199.58 against JPY 174.65 a year ago.
For the first half of fiscal year ending February 28, 2020, the company expects Net sales of JPY 26,836 million, Operating profit of JPY 2,500 million and Net profit attributable to shareholders of the parent company of JPY 1,928 million or basic earnings per share of JPY 119.23.
For the full year ending February 28, 2020, the company expects Net sales of JPY 52,000 million, Operating profit of JPY 4,527 million and Net profit attributable to shareholders of the parent company of JPY 3,402 million or basic earnings per share of JPY 210.38.
MARUZEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of commercial kitchen equipment. The Company operates through three business segments. The Commercial Kitchen Equipment Manufacturing and Sales segment manufactures, purchases and sells commercial kitchen equipment. The Bakery Equipment Manufacturing and Sales segment manufactures, sells and maintains bakery equipment such as bakery factories. The Building Leasing segment leases buildings such as business hotels and nursing care-type nursing homes.
Maruzen Co., Ltd. Announces Consolidated Earnings Results for the Fiscal Year Ended February 28, 2019; Provides Earnings Guidance for the First Half and Full Year Ending February 28, 2020