Lawson, Inc. Provides Year End Dividend Guidance for the Fiscal Year Ending February 29, 2020; Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2020
January 10, 2020 at 01:00 am
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Lawson, Inc. provided year end dividend guidance for the fiscal year ending February 29, 2020. The company expects to pay a year end dividend of JPY 75 per share compared to JPY 127.5 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended November 30, 2019. For the period, the company reported gross operating revenue of JPY 550,901 million against JPY 527,637 million a year ago. Operating income was JPY 52,122 million against JPY 47,807 million a year ago. Ordinary income was JPY 48,663 million against JPY 46,641 million a year ago. Profit was JPY 25,901 million against JPY 25,327 million a year ago. Profit per share was JPY 259.37 against JPY 253.05 a year ago. Diluted profit per share was JPY 259.22 against JPY 252.92 a year ago.
For the fiscal year ending February 29, 2020, the company expects consolidated gross operating revenue of JPY 727,000 million, operating income of JPY 60,800 million, ordinary income of JPY 54,500 million and profit attributable to owners of parent of JPY 18,000 million, profit per share of JPY 179.88.
Lawson, Inc. is a company mainly engaged in the operation of convenience stores. The Company operates in four segments. The Domestic Convenience Store segment operates chains of convenience stores under the names LAWSON, NATURAL LAWSON, and LAWSON STORE 100. The Seijoishii segment operates the supermarkets. The Entertainment related segment sells tickets for concerts, music and video software, as well as operate complex cinemas. The Finance related segment operates the banking business.
Lawson, Inc. Provides Year End Dividend Guidance for the Fiscal Year Ending February 29, 2020; Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2020