Mitsui Sugar Co., Ltd. Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non- Consolidated Earnings Guidance for the Six Months Rending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 27, 2018; Provides Dividend Guidance for the Year Ending March 31, 2019
May 13, 2018
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Mitsui Sugar Co., Ltd. reported consolidated and non- consolidated earnings results for the year ended March 31, 2018. For the period, the company has posted consolidated net sales of ¥105,291 million against ¥103,177 million a year ago. Operating income was ¥6,354 million against ¥5,215 million a year ago. Profit attributable to owners of parent was ¥8,313 million against ¥7,482 million a year ago. Earnings per share was ¥311.33 against ¥280.19 a year ago. Return on equity was 10.5% against 10.1% a year ago. Return on assets was 10.7% against 10.3% a year ago. Net cash provided by operating activities was ¥15,692 million against ¥13,065 million a year ago.
For the period, the company has posted non-consolidated net sales of ¥63,445 million against ¥65,504 million a year ago. Operating income was ¥4,493 million against ¥3,281 million a year ago. Profit was ¥8,589 million against ¥7,569 million a year ago. Earnings per share was ¥321.68 against ¥283.44 a year ago.
For the six months ending September 30, 2018, the company expects consolidated net sales of ¥52,000 million and operating income of ¥1,700 million. The company also expects profit attributable to owners of parent of ¥3,300 million or ¥123.58 per share.
For the year ending March 31, 2019, the company expects consolidated net sales of ¥105,000 million and operating income of ¥4,700 million. The company also expects profit attributable to owners of parent of ¥7,600 million or ¥284.62 per share.
For the six months ending September 30, 2018, the company expects non-consolidated net sales of ¥31,000 million and operating income of ¥5,000 million. The company also expects profit of ¥3,500 million or ¥131.07 per share.
For the year ending March 31, 2019, the company expects non-consolidated net sales of ¥62,000 million and operating income of ¥10,800 million. The company also expects profit of ¥7,400 million or ¥277.13 per share.
For the full year ended March 31, 2018, the company announced a dividend of ¥60.00 per share against ¥65.00 per share paid a year ago. Dividend payment is on June 27, 2018.
For the full year ending March 31, 2019, the company expects a dividend of ¥55.00 per share.
Mitsui DM Sugar Holdings Co Ltd, formerly Mitsui Sugar Co Ltd, is a Japan-based company mainly engaged in the manufacture and sale of raw sugar, refined sugar and sugar-related products. The Company operates in three business segments. The Sugar segment is engaged in the manufacture and sale of raw sugar, refined sugar and sugar-related products. The Food Science segment is engaged in the manufacture and sale of natural sweeteners, pigments, flavors, sugarcane extract, agar, bio products, nutritional therapy foods, and foods for swallowing disorders. The Real Estate segment is engaged in the leasing of land, stores and offices, as well as the provision of solar power generation business.
Mitsui Sugar Co., Ltd. Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non- Consolidated Earnings Guidance for the Six Months Rending September 30, 2018 and Full Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 27, 2018; Provides Dividend Guidance for the Year Ending March 31, 2019
MITSUI DM SUGAR HOLDINGS CO., LTD. 
