Nitto Denko Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for Fiscal Year 2019
For the period, on non-consolidated basis, the company reported revenue of ¥490,626 million compared to ¥524,008 million a year ago. Operating income of ¥40,741 million compared to ¥71,901 million a year ago. Net income of ¥71,894 million compared to ¥75,434 million a year ago. Basic earnings per share of ¥457.45 per share compared to ¥465.32 per share a year ago. Diluted earnings per share was ¥457.05 against ¥464.82 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the period, the company expected revenue of ¥790,000 million, operating income of ¥85,000 million, net income of ¥62,000 million or ¥395.28 per basic share.