Nippon Shinyaku Co. Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020; Announces Dividend for the Second Quarter Ended September 30, 2019, Payable on December 5, 2019; Provides Dividend Guidance for the Full Year Ending March 31, 2020
November 06, 2019
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Nippon Shinyaku Co. Ltd. announced consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 57,387 million compared with JPY 53,497 million for the same period a year ago. Operating income was JPY 11,025 million compared with JPY 7,569 million for the same period a year ago. Net income was JPY 8,302 million or JPY 123.11 per basic share compared with JPY 6,048 million or JPY 89.64 per basic share for the same period a year ago.
For the full year ending March 31, 2020, the company expects to report net sales of JPY 116,000 million, operating income of JPY 21,000 million, and net income attributable to owners of the parent of JPY 16,500 million or JPY 244.97 per share.
For the second quarter ended September 30, 2019, the company announced dividend of ¥43.00 per share against ¥29.00 per share paid a year ago, payable on December 5, 2019.
For the full year ending March 31, 2020, the company plans to pay dividend of ¥43.00 per share against ¥41.00 per share paid a year ago.
Nippon Shinyaku Co., Ltd. is a Japan-based company principally involved in the manufacture and sale of pharmaceutical products and functional foodstuffs. The Company operates in two business segments. The Pharmaceutical segment is involved in the manufacture and sale of urinary system therapeutic agents, blood cancer therapeutic agents, pain, inflammation and allergic therapeutic agents, digestive system therapeutic agents, cardiovascular systems and metabolic therapeutic agents. The Functional Foodstuff segment involves in the manufacture and sale of health food materials, quality stability preservatives, protein preparation, spice and seasoning products. The Company is also involved in the business support business, non-life insurance agency business, as well as the provision of real estate leasing services.
Nippon Shinyaku Co. Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020; Announces Dividend for the Second Quarter Ended September 30, 2019, Payable on December 5, 2019; Provides Dividend Guidance for the Full Year Ending March 31, 2020