Geo Holdings Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Year Ending March 31, 2021; Announces Dividend for the Year Ended March 31, 2020, Payable on June 26, 2020; Provides Dividend Forecast for the Second Quarter and Year Ending March 31, 2021
May 11, 2020
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Geo Holdings Corporation announced consolidated earnings results for the year ended March 31, 2020. For the year, the company reported Net Sales were ¥305,057 million against ¥292,560 million a year ago. Operating profit was ¥10,022 million against ¥15,668 million a year ago. Profit attributable to owner of the parent was ¥3,844 million against ¥10,301 million a year ago. Earnings per share was ¥89.18 against ¥229.62 a year ago. Fully diluted earnings per share was ¥89.03 against ¥228.62 a year ago.
The company provides earnings forecast for the year ending March 31, 2021. The company forecast net sales of ¥300,000 million, Operating profit of ¥6,000 million, Profit attributable to owner of the parent of ¥3,200 million and Earnings per share of ¥75.47.
The company announced dividend for the year ended March 31, 2020. For the year, the company announced dividend of ¥17 per share against ¥17 a year ago. The dividend will be payable on June 26, 2020.
The company provides dividend forecast for the second quarter of fiscal year ending March 31, 2021. For the quarter, company forecast dividend of ¥17 per share.
The company provides dividend forecast for the fourth quarter of fiscal year ending March 31, 2021. For the fourth quarter, company forecast dividend of ¥17 per share.
GEO HOLDINGS CORPORATION is engaged in the rental and recycling of used products, as well as the sale of new products. The Company is involved in the operation of MEDIA SHOP and REUSE SHOP, the operation of large-scale amusement facilities, as well as online sale business. The MEDIA SHOP involves in the sale of packaged software. The REUSE SHOP involves in the sale of used apparel products. As of March 31, 2014, the Company had 16 subsidiaries and one associated company.
Geo Holdings Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Year Ending March 31, 2021; Announces Dividend for the Year Ended March 31, 2020, Payable on June 26, 2020; Provides Dividend Forecast for the Second Quarter and Year Ending March 31, 2021