Yushin Precision Equipment Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Announces Second Quarter End Dividend for the Period Ended September 30, 2019, Payable on December 2, 2019; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020
November 07, 2019
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Yushin Precision Equipment Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 10,364 million compared to JPY 10,586 million a year ago. Operating profit was JPY 1,255 million compared to JPY 1,203 million a year ago. Profit was JPY 864.977 million or JPY 24.61 per basic share compared to JPY 896.472 million or JPY 24.63 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2020. The company expects consolidated net sales of JPY 21,000 million, operating profit of JPY 2,650 million, profit attributable to shareholders of the parent company of JPY 1,850 million or JPY 54.29 per basic share.
The company announced second quarter end dividend of JPY 8 per share for the six months ended September 30, 2019 compared to JPY 8 per share paid a year ago. The dividend will be payable on December 2, 2019.
The company provided dividend guidance for the fiscal year ending March 31, 2020. The company expects year-end dividend of JPY 10 per share compared to JPY 9 per share paid a year ago.
YUSHIN PRECISION EQUIPMENT CO.,LTD. is a Japan-based company engaged in the development, manufacture and sale of take-out robots, other industrial equipment and systems for automating and streamlining operation of plastic injection molding plants. The Company operates through four geographic segments including Japan, the United States, Asia and Europe. The Company is mainly engaged in development, manufacture and sale of peripheral equipment including take-out robots for picking molded products from injection molding machines and labor saving systems, as well as the provision of after-sales service. The Company's main products are take-out robots for injection-molded plastic products, automated stock systems and labor-saving automation equipment, among others.
Yushin Precision Equipment Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Announces Second Quarter End Dividend for the Period Ended September 30, 2019, Payable on December 2, 2019; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020
YUSHIN PRECISION EQUIPMENT CO., LTD. 
