MAEDA ROAD CONSTRUCTION Co., Ltd. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported net sales of ¥223.8 billion compared to ¥234.4 billion a year ago. Operating profit was ¥17.1 billion compared to ¥23.4 billion a year ago. Profit was ¥11.6 billion or ¥133.0 per basic share compared to ¥9.3 billion or ¥106.62 per basic share a year ago.

The company provided earnings guidance for the first half and fiscal year 2020. For the first half, the company expects net sales of ¥102.5 billion, operating profit of ¥7.7 billion and profit attributable to owners of parent of ¥5.2 billion or ¥60.17 per basic share.

For the year ending March 31, 2020, the company expects net sales of ¥228.0 billion, operating profit of ¥18.8 billion and profit attributable to owners of parent of ¥12.5 billion or ¥144.64 per basic share.

The company announced year end dividend of ¥70.00 per share for the year ended March 31, 2019 against ¥55.00 per share a year ago. The dividend will be payable on June 28, 2019.

For the year ending March 31, 2020, the company expects to pay year end dividend of ¥100.00 per share compared to ¥70.00 per share declared for the year ended March 31, 2019.