Mani, Inc. Reports Consolidated Earnings Results for the Six Months Ended February 29, 2020; Announces Dividend for the Six Months Ended February 29, 2020, Payable May 7, 2020 and Provides Dividend Guidance for Year Ending August 31, 2020; Provides Earnings Guidance for Year Ending August 31, 2020
April 06, 2020
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Mani, Inc. reported consolidated earnings results for the six months ended February 29, 2020. For the six months, the company reported net sales of ¥8,475 million compared to ¥9,088 million a year ago. Operating profit was ¥2,782 million compared to ¥2,906 million a year ago. Profit attributable to owners of parent was ¥2,306 million or ¥23.43 per share compared to ¥4,034 million or ¥40.99 per share a year ago.
The company announced dividend of ¥11.00 per share compared to ¥30.00 per share paid in last year.
The company provided dividend guidance for year ending August 31, 2020. For the year, the company expects to pay dividend of ¥11.00 per share compared to ¥30.00 per share paid in last year.
The company provided earnings guidance for year ending August 31, 2020. For the year, the company expects net sales of ¥14,449 million, operating profit of ¥3,778 million and profit attributable to owners of parent of ¥2,988 million or ¥30.37 per share.
Mani Inc is a Japan-based company mainly engaged in the manufacture and sale of medical equipment. The Company operates through three business segments. The Surgical-related Product segment is engaged in the provision of surgical suture needles and threads, as well as ophthalmic knives, born saws, blood vessel knives and other surgical equipment. The Eyeless Needle-related Product segment is engaged in the provision of eyeless surgical suture needles. The Dental-related Product segment is engaged in the manufacture and sale of dental root canal treatment equipment, such as reamers, files, broaches and cleansers; grinding and abrasive agents, such as carborundum points and silicone points; rotating dental treatment equipment, such as diamond burs, carbide burs, stainless burs and others, as well as dental materials, dental stereomicroscopes, among others.
Mani, Inc. Reports Consolidated Earnings Results for the Six Months Ended February 29, 2020; Announces Dividend for the Six Months Ended February 29, 2020, Payable May 7, 2020 and Provides Dividend Guidance for Year Ending August 31, 2020; Provides Earnings Guidance for Year Ending August 31, 2020
MANI, INC. 
