SCSK Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020; Provides Earnings Guidance for the Year Ending March 31, 2020
January 30, 2020
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SCSK Corporation reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of ¥280,722 million compared to ¥255,917 million a year ago. Operating profit was ¥30,879 million compared to ¥26,496 million a year ago. Profit attributable to owners of parent was ¥23,049 million or ¥221.99 per share and ¥171.10 per diluted share compared to ¥17,765 million or ¥221.94 per share and ¥171.04 per diluted share a year ago.
The company provided dividend guidance for the year ending March 31, 2020. For the year, The company expects to pay dividend of ¥65.00 compared to ¥50.00 per share paid in last year.
The company provided earnings guidance for the year ending March 31, 2020. For the year, The company expects net sales of ¥380,000 million, operating profit of ¥41,000 million and profit attributable to owners of parent of ¥28,000 million or ¥269.67 per share.
SCSK Corp is a Japan-based company mainly provides information technology (IT) consulting, system development, verification services, IT infrastructure construction, IT management, IT hardware and software sales, and business process outsourcing (BPO) services. The Industrial IT segment provides various IT solutions to customers through the development, maintenance, and operation of mission-critical systems and other systems. The Financial IT Segment is mainly engaged in system development, maintenance, and operation for financial institutions such as banks and trust companies. The IT Solutions segment provides IT solutions such as application management outsourcing (AMO) services. The IT Platform segment develops and sells packaged software. The IT Management segment develops data centers netXDC. The Others segment develops software and manages system operations, sells system equipment, and provides consulting services and remote development.
SCSK Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Dividend Guidance for the Year Ending March 31, 2020; Provides Earnings Guidance for the Year Ending March 31, 2020