Ferrotec Holdings Corporation reported consolidated financial results for the nine months ended December 31, 2019. For the nine months, operating income was JPY 4,900 million against JPY 7,845 million for the same period of last year. Net income attributable to owners of parent was JPY 1,979 million or JPY 53.38 per basic share and JPY 53.37 per diluted share against JPY 3,543 million or JPY 95.76 per basic share and JPY 95.62 per diluted share for the same period of last year. Net sales were JPY 60,784 million against JPY 67,501 million for the same period of last year. Ordinary income were JPY 3,493 million against JPY 7,561 million for the same period of last year.

For the year ending March 31, 2020, the company expects, operating income of JPY 6,500 million and net income attributable to owners of parent of JPY 2,500 million or JPY 67.45 per share on net sales of JPY 85,000 million. Ordinary income of JPY 4,500 million.

The company provided dividend guidance for the fiscal year ending March 31, 2020. The company expects to pay a year-end dividend of JPY 12.00 per share compared with JPY 12.00 per share for the fiscal year ended March 31, 2019.