Rion Co., Ltd. announced dividend of ¥20 per share for the second quarter ended Sep. 30, 2019 compared to ¥18 per share paid a year ago. Scheduled date of dividend payment is December 2, 2019.

For the year end, the company expects to pay dividend of ¥20 per share compared to ¥22 per share paid a year ago.

The company reported consolidated earnings results for the second quarter ended Sep. 30, 2019. For the quarter, the company reported net sales of ¥10,489 million against ¥9,903 million a year ago. Operating profit was ¥1,399 million against ¥1,057 million a year ago. Profit attributable to owners of parent was ¥999 million or ¥81.38 per basic share against ¥793 million or ¥64.66 per basic share a year ago.

The company also provided earnings guidance for the full year ending March 31, 2020. For the year, the company expects net sales of ¥21,600 million, operating profit of ¥2,800 million, profit attributable to owners of parent of ¥2,100 million and profit per share of ¥171.05.