Tosoh Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Dividend Results for the Fiscal Year of 2019; Provides Dividend Guidance for the Interim Period of Fiscal Year 2020 and Fiscal Year 2020
August 01, 2019
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Tosoh Corporation reported consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 192.8 billion against JPY 204.4 billion a year ago. Operating income was JPY 16.1 billion against JPY 24.7 billion a year ago. Ordinary income was JPY 15.4 billion against JPY 28.1 billion a year ago. Profit attributable to owners of the parent was JPY 9.1 billion against JPY 19.2 billion a year ago. Net income per share was JPY 28.05 against JPY 59.08 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2020. For the period, The company expects net sales of JPY 860.0 billion, operating income of JPY 95.0 billion, ordinary income of JPY 100.0 billion, profit attributable to owners of the parent of JPY 67.0 billion and net income per share of JPY 206.32.
For the fiscal year of 2019, the dividend for the year was JPY 28.00 per share
For the interim period of fiscal year 2020, the company expects interim dividend of JPY 28.00 per share as compared to JPY 28.00 per share paid for the same period last year.
For the fiscal year 2020, the company expects interim dividend of JPY 28.00 per share as compared to JPY 28.00 per share paid for the same period last year.
Tosoh Corporation is one of the Japanese largest chemical groups. Net sales break down by activity as follows:
- manufacturing of chemical products (37.5%): caustic soda, , vinyl chloride monomer, polyvinyl chloride, etc.;
- production of specialty materials (24.6%): fine chemistry products, diagnosis products, electronic materials, etc.;
- manufacturing of petrochemical products (17.9%): olefins, polymers, etc.;
- services (14.5%): transportation, warehousing, support services, etc.;
- other (5.4%).
Net sales break down geographically as follows: Japan (54.5%), China (14%), Asia (19.7%) and other (11.8%).
Tosoh Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Dividend Results for the Fiscal Year of 2019; Provides Dividend Guidance for the Interim Period of Fiscal Year 2020 and Fiscal Year 2020
TOSOH CORPORATION 
