HOTLAND Co.,Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020; Announces Dividend for the Full Year Ended December 31, 2019, Expects Starting Date of Dividend Payment to Be from March 30, 2020; Provides Dividend Guidance for the Year Ending December 31, 2020
February 14, 2020 at 10:20 pm IST
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HOTLAND Co.,Ltd. announced consolidated and non-consolidated earnings results for the year ended December 31, 2019. For the full year, the company reported Net Sales were ¥32,434 million against ¥31,736 million a year ago. Operating income was ¥1,669 million against ¥860 million a year ago. Net income attributable to owners of parent was ¥678 million against net loss attributable to owners of parent of ¥678 million a year ago. Net income per share was ¥35.12 against net loss per share of ¥36.8 a year ago. Diluted net income per share of ¥34.85.
For the full year, the non-consolidated company reported Net Sales were ¥26,224 million against ¥27,921 million a year ago. Operating income was ¥1,597 million against ¥1,033 million a year ago. Net income attributable to owners of parent was ¥693 million against net loss attributable to owners of parent of ¥704 million a year ago. Net income per share was ¥35.88 against net loss per share of ¥38.23 a year ago. Diluted net income per share of ¥35.59.
The company provided consolidated earnings guidance for the full year ending December 31, 2020. For the full year, the company expects to report net sales to be ¥33,800 million, operating income to be ¥2,000 million, and net income attributable to owners of parent to be ¥780 million or ¥36.26 per share.
The company announced dividend for the full year ended December 31, 2019 of ¥5.00 per share, expects starting date of dividend payment to be from March 30, 2020.
The company plans to pay dividend for the full year ending December 31, 2020 of ¥5.00 per share.
HOTLAND Co.,Ltd. is a Japan-based company primarily engaged in the operation of restaurant chains. The Company mainly operates its restaurants under the brands of Gindaco, COLD STONE CREAMERY, Gin'noan and Ogamaya, among others. The Company operates its restaurant busness under several brands both in domestic and overseas markets.
HOTLAND Co.,Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020; Announces Dividend for the Full Year Ended December 31, 2019, Expects Starting Date of Dividend Payment to Be from March 30, 2020; Provides Dividend Guidance for the Year Ending December 31, 2020