Noritsu Koki Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 13, 2019
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Noritsu Koki Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported revenue of JPY 31,994 million compared to JPY 30,663 million a year ago. Operating profit was JPY 811 million compared to JPY 2,435 million a year ago. Loss for the period was JPY 777 million compared to profit for the period of JPY 694 million a year ago. Basic loss per share was JPY 22.88 compared to basic earnings per share of JPY 24.18 a year ago. Diluted loss per share was JPY 23.46 compared to diluted earnings per share of JPY 21.85 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the period, the company expects revenue of JPY 68,000 million, operating profit JPY 4,000 million, profit attributable to owners of parent JPY 700 million and basic earnings per share of JPY 19.66.
Noritsu Koki Co., Ltd. is a company principally engaged in the manufacturing business, healthcare business and other businesses. The Company operates in six business segments. The Manufacturing segment is engaged in the research, development and manufacture of pen nib parts and cosmetics materials, among others. The Healthcare segment is engaged in the research, development and sale of radiological business support services by remote diagnostic imaging in the healthcare area, the analysis of received data and the provision of survey data, among others. The Drug Discovery segment develops new products in biotechnology area. The Senior and Life segment conducts senior publishing and mail order sales business. The Agri-food segment conducts the production and sale of fresh vegetables in the agri-food field. The Others segment conducts new growth related survey and investment business.
Noritsu Koki Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020