Harada Industry Co., Ltd. Announces Dividend for the Year Ended March 31, 2018, Payable on June 28, 2019; Provides Dividend Guidance for the Fiscal 2019 End; Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Forecast for the Half Year and Full Year of the Fiscal 2019
May 14, 2019 at 02:30 am
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Harada Industry Co., Ltd. announced dividend of JPY 7.50 per share for the year ended March 31, 2019. The dividend will be payable on June 28, 2019.
For the Fiscal 2019, the company expects to pay dividend of JPY 7.50 per share.
The company reported consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, the consolidated company's net sales were JPY 43,135 million compared to JPY 42,936 million a year ago. Operating income was JPY 1,737 million compared to JPY 2,253 million a year ago. Ordinary income was JPY 1,443 million compared to JPY 2,350 million a year ago. Profit attributable to owners of parent was JPY 936 million or JPY 43.07 per share compared to JPY 768 million or JPY 35.33 per share a year ago.
For the year, the non-consolidated company's net sales were JPY 19,111 million compared to JPY 18,795 million a year ago. Operating income was JPY 616 million compared to JPY 1,119 million a year ago. Ordinary income was JPY 612 million compared to JPY 1,778 million a year ago. Profit was JPY 45 million or JPY 2.09 per share compared to loss of JPY 388 million or JPY 17.88 per share a year ago.
The company provided earnings forecast for the full year ending March 31, 2020. For the full year of 2019, the company expects net sales of JPY 41,500 million, operating income of JPY 1,200 million, ordinary income of JPY 1,000 million and profit attributable to owners of parent of JPY 650 million or JPY 29.88 per share.
For the half year of 2019, the company expects net sales of JPY 20,500 million, operating income of JPY 350 million, ordinary income of JPY 250 million and profit attributable to owners of parent of JPY 150 million or JPY 6.9 per share.
HARADA INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment and communications equipment. The Company operates in four segments. Japan segment is involved in the manufacture and sale of automotive equipment and communications equipment. Asia segment is involved in the manufacture and sale of automotive equipment. North and Central America segment is involved in the manufacture and sale of automotive equipment. Europe segment is involved in the sale of automotive equipment. Main products of automotive-related equipment include car radio antennas, relay cables, car television (TV) antennas, car antenna amplifiers, actuators, ETC antennas, and others. The communication related equipment include communication module antennas, radio frequency identification (RFID) antennas, and others. Other products include car accessories and others.
Harada Industry Co., Ltd. Announces Dividend for the Year Ended March 31, 2018, Payable on June 28, 2019; Provides Dividend Guidance for the Fiscal 2019 End; Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Forecast for the Half Year and Full Year of the Fiscal 2019