Welbe, Inc. Announces Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half of 2020 and Full Year Ending March 31, 2020; Announces Dividend for Year End March 31, 2019, Payable on June 27, 2019; Provides Dividend Guidance for the Second Quarter of 2020 and Fiscal Year Ending March 31, 2020
May 24, 2019 at 01:00 pm IST
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Welbe, Inc. announced Non-consolidated earnings results for the year ended March 31, 2019. For the full year, the company reported Net Sales were JPY 5,751 million against JPY 4,364 million a year ago. Operating profit was JPY 1,495 million against JPY 1,012 million a year ago. Ordinary profit was JPY 1,471 million against JPY 1,042 million a year ago. Profit was JPY 991 million against JPY 704 million a year ago. Diluted net income per share of JPY 34.43 against JPY 24.8 a year ago. Return on equity of 59.4% against 88.5% a year ago. Cash flows from operating activities was JPY 609 million against JPY 391 million a year ago.
For the first half of 2020, the company forecast net sales of JPY 3,257 million. Operating profit of JPY 873 million. Ordinary profit of JPY 872 million. Profit of JPY 562 million. Diluted net income per share of JPY 20.39.
For the full year ending March 31, 2020, the company forecast net sales of JPY 6,737 million. Operating profit of JPY 1,788 million. Ordinary profit of JPY 1,787 million. Profit of JPY 1,216 million. Diluted net income per share of JPY 44.07.
The company announced dividend of JPY 4.2 per share for year end March 31, 2019, payable on June 27, 2019.
The company provides dividend guidance for the second quarter of fiscal year ending March 31, 2020. The company forecast dividend of JPY 4.4 per share for second quarter of 2020.
The company provides dividend guidance for the fiscal year ending March 31, 2020. The company forecast dividend of JPY 4.4 per share.
Welbe, Inc. is a Japan-based company mainly engaged in provision of disability welfare services. The employment transition support business provides employment training, including preparation and correction of application forms, mock interview and practical training in workplace. The business also provides specific consultation support and independence training for people with disabilities. The rehabilitation business provides instruction for growth and development for pre-school children with developmental disorders and lesson support for primary school students, junior high school students, and high school students after school classes and during long vacation.
Welbe, Inc. Announces Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half of 2020 and Full Year Ending March 31, 2020; Announces Dividend for Year End March 31, 2019, Payable on June 27, 2019; Provides Dividend Guidance for the Second Quarter of 2020 and Fiscal Year Ending March 31, 2020