Nissan Shatai Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Dividend Guidance for the End of Second Quarter of Fiscal 2019 and Fiscal Year Ending March 31, 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
July 24, 2019
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Nissan Shatai Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the first quarter, the company's net sales were JPY 96,912 million against JPY 151,328 million a year ago. Operating loss was JPY 1,062 million against operating income of JPY 2,209 million a year ago. Ordinary loss was JPY 959 million against ordinary income of JPY 2,299 million a year ago. Loss attributable to owners of parent was JPY 613 million against profit of JPY 1,601 million a year ago. Loss per share was JPY 4.53 against earnings per share of JPY 11.83 a year ago.
The company provided dividend guidance for the end of second quarter of fiscal 2019 and fiscal year ending March 31, 2020. For the end of second quarter of fiscal 2019, the company expects to pay a dividend of JPY 6.50 per share compared with JPY 6.50 per share for the same period a year ago.
For the year, the company expects to pay a year-end dividend of JPY 6.50 per share compared with JPY 6.50 for the fiscal year ended March 31, 2019.
For the fiscal year, the company expects to report consolidated net sales of JPY 501,600 million, operating income of JPY 7,000 million, ordinary income of JPY 7,400 million, profit attributable to owners of parent of JPY 4,600 million, and earnings per share of JPY 33.96.
NISSAN SHATAI CO., LTD. is a Japan-based manufacturing company, principally engaged in the manufacture and sale of automobiles and automobile parts. The Company operates in three business segments. The Automobile-related segment is engaged in the manufacture and sale of passenger automobiles, commercial vehicles, small buses, automobile components and bodies, among others. The Equipment Maintenance segment is engaged in the production, construction and maintenance of production facilities. The Information Processing segment is engaged in the construction of information systems and the provision of maintenance and operation services, among others. The Company is also involved in the temporary staffing.
Nissan Shatai Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Dividend Guidance for the End of Second Quarter of Fiscal 2019 and Fiscal Year Ending March 31, 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020