Nippon Shinyaku Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half and Full Year of 2019
August 06, 2019
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Nippon Shinyaku Co. Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 29,391 million compared with JPY 27,798 million for the same period a year ago. Operating income was JPY 6,453 million compared with JPY 4,846 million for the same period a year ago. Ordinary income was JPY 6,585 million compared with JPY 5,320 million for the same period a year ago. Net income attributable to owners of the parent was JPY 4,951 million or JPY 53.51 per basic share compared with JPY 3,964 million or JPY 58.85 per basic share for the same period a year ago.
The company provided earnings guidance for the first half and full year of 2019. For the first half, the company expects to report net sales of JPY 57,000 million, operating income of JPY 10,000 million, ordinary income of JPY 10,700 million and net income attributable to owners of the parent of JPY 8,200 million or JPY 121.74 per share.
For the full year 2019, the company expects to report net sales of JPY 116,000 million, operating income of JPY 21,000 million, ordinary income of JPY 22,000 million and net income attributable to owners of the parent of JPY 16,500 million or JPY 244.97 per share.
Nippon Shinyaku Co., Ltd. is a Japan-based company principally involved in the manufacture and sale of pharmaceutical products and functional foodstuffs. The Company operates in two business segments. The Pharmaceutical segment is involved in the manufacture and sale of urinary system therapeutic agents, blood cancer therapeutic agents, pain, inflammation and allergic therapeutic agents, digestive system therapeutic agents, cardiovascular systems and metabolic therapeutic agents. The Functional Foodstuff segment involves in the manufacture and sale of health food materials, quality stability preservatives, protein preparation, spice and seasoning products. The Company is also involved in the business support business, non-life insurance agency business, as well as the provision of real estate leasing services.
Nippon Shinyaku Co. Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half and Full Year of 2019