Itoki Corporation Announces Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending Dec. 31, 2020; Announces Dividend for the Year Ended December 31, 2019, Payable on March 26, 2020; Provides Dividend Guidance for the Full Year Ending Dec. 31, 2020
February 13, 2020
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Itoki Corporation announced consolidated earnings results for the year ended December 31, 2019. For the period, net sales were JPY 122,174 million against JPY 118,700 million a year ago. Operating profit was JPY 903 million against JPY 1,927 million a year ago. Loss was JPY 579 million against profit of JPY 1,744 million a year ago. Loss per share was JPY 12.08 against earnings of JPY 37.84 a year ago.
The company provided consolidated earnings guidance for the full year ending Dec. 31, 2020. For the year, the company expects net sales of JPY 125,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 800 million and earnings per share of JPY 17.56.
The company announced dividend for the year ended December 31, 2019. For the year, the company announced dividend of JPY 13 per share. Payable date is March 26, 2020.
The company provided dividend guidance for the full year ending Dec. 31, 2020. For the year, the company expects dividend of JPY 13 per share.
ITOKI CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of office furniture. The Company operates in two business segments. The Office Related segment is engaged in the manufacture and sale of workstations, tables, desk accessories and other office desks, office chairs, meeting chairs, system storage furniture, lockers and other storage furniture. It also provides project management (PM) services, including the repair, assembly and construction of offices, maintenance services and relocation services, as well as the maintenance, rental and recycling of office furniture. The Equipment segment is engaged in the manufacture and sale of storage shelves, office security equipment, building partitions, logistics equipment, commercial equipment, research equipment, powder equipment and others, as well as the provision of building materials and interior works. The Company is also engaged in the provision of household furniture, and the development of software.
Itoki Corporation Announces Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending Dec. 31, 2020; Announces Dividend for the Year Ended December 31, 2019, Payable on March 26, 2020; Provides Dividend Guidance for the Full Year Ending Dec. 31, 2020
ITOKI CORPORATION 
