Menicon Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
November 20, 2018 at 10:00 pm EST
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Menicon Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported net sales of JPY 40,097 million compared to JPY 38,176 million a year ago. Operating profit was JPY 2,921 million compared to JPY 3,060 million a year ago. Ordinary profit was JPY 2,898 million compared to JPY 3,255 million a year ago. Profit before income tax was JPY 2,974 million compared to JPY 3,339 million a year ago. Profit attributable to owners of parent was JPY 1,810 million compared to JPY 2,240 million a year ago. Diluted earnings per share were JPY 47.75 compared to JPY 63.19 a year ago.
For the year ending March 31, 2019, on consolidated basis, the company expects net sales to be JPY 80,338 million, operating profit to be JPY 5,148 million, ordinary profit to be JPY 5,137 million, Profit attributable to owners of parent of JPY 3,231 million and basic earnings per share of JPY 91.83.
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 Six Months Ended September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
MENICON CO., LTD. 
