Nissin Kogyo Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported net sales of JPY 135,598 million compared to JPY 140,680 million a year ago. Operating income was JPY 10,709 million compared to JPY 11,839 million a year ago. Profit was JPY 9,270 million compared to JPY 8,692 million a year ago. Basic earnings per share were JPY 96.04 compared to JPY 86.14 a year ago.

The company provided consolidated earnings guidance for the full year ending March 31, 2020. For the year, the company expects net sales of JPY 186,000 million, operating income of JPY 22,000 million and Profit of JPY 23,000 million or JPY 245.92 per share.

The company provided yearend dividend guidance for the fiscal year ending March 31, 2020. For the period, the company expects yearend dividend of JPY 22.50 per share compared to JPY 45.00 per share paid in the same period ago.