Menicon Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
August 08, 2019 at 01:40 am EDT
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Menicon Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the period the company reported net sales of JPY 20,613 million compared to JPY 19,643 million a year ago. Operating profit was JPY 1,862 million compared to JPY 1,272 million a year ago. Profit was JPY 1,242 million compared to JPY 767 million a year ago. Basic earnings per share were JPY 35.25 compared to JPY 21.79 a year ago. Diluted earnings per share were JPY 32.73 compared to JPY 20.21 a year ago.
For the year ending March 31, 2020, on consolidated basis the company expects net sales to be JPY 85,083 million, operating profit to be JPY 6,502 million, Profit attributable to owners of parent of JPY 4,091 million and basic earnings per share of JPY 116.08.
Menicon Co., Ltd. is a Japan-based company mainly engaged in operation of contact lens related business and other business. The Company has two business segments. With its subsidiaries, the Contact Lens segment is engaged in manufacture and sales of contact lens, care supplies and other goods. The Others segment is engaged in development and sales of veterinary medical products, decomposition accelerator of rice straw, composting accelerator of livestock excrement, assisted reproductive medicine and products of advanced medical fields, as well as management of contact lens retailer staff training school and provision of temporary staffing service, among others.
Menicon Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
MENICON CO., LTD. 
