Rion Co., Ltd. Announces Dividend for the Second Quarter Ended Sep. 30, 2019, Payable on December 2, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020; Reports Consolidated Earnings Results for the Second Quarter Ended Sep. 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
November 07, 2019 at 01:00 am
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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.
RION CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of medical equipment and environmental equipment. The Company operates in two business segments. The Medical Equipment manufactures and sells hearing aids and training equipment for hearing impaired people, as well as audiometers and hearing testing equipment. The Environmental Equipment segment provides sound level meters, vibration meters, seismometers and frequency analyzers, as well as air particle counters and liquid particle counters.
Rion Co., Ltd. Announces Dividend for the Second Quarter Ended Sep. 30, 2019, Payable on December 2, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020; Reports Consolidated Earnings Results for the Second Quarter Ended Sep. 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020