Mitsubishi Research Institute, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2020; Announces Dividend for the Year Ended September 30, 2018, Payable on December 19, 2019; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending September 30, 2019
November 12, 2019
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Mitsubishi Research Institute, Inc. reported consolidated and non-consolidated earnings results for the year ended September 30, 2019. For the year, on consolidated basis, the company has posted net sales of ¥90,029 million against ¥90,250 million a year ago. Operating profit was ¥5,130 million against ¥4,963 million a year ago. Profit was ¥3,908 million or ¥221.58 basic per share against ¥3,688 million or ¥209.46 basic per share a year ago.
For the year, on non-consolidated basis, the company has posted net sales of ¥32,860 million against ¥32,080 million a year ago. Operating profit was ¥2,718 million against ¥2,723 million a year ago. Profit was ¥2,628 million against ¥2,726 million a year ago.
For the fiscal year ending September 30, 2020, on consolidated basis, the company expects net sales of ¥94,000 million, operating profit of ¥5,200 million, profit attributable to owners of parent of ¥3,900 million or ¥240.06 per share.
For the year ended September 30, 2019, the company has announced a dividend of ¥50.00 per share against ¥45.00 per share paid a year ago. Scheduled date to commence dividend payments is December 19, 2019.
For the second quarter of fiscal year ending September 30, 2020, the company expects a dividend of ¥50.00 per share.
For the fiscal year ending September 30, 2020, the company expects a dividend of ¥50.00 per share.
Mitsubishi Research Institute Inc is a Japan-based company mainly engaged in the provision of think tank consulting service and information technology (IT) service. The Company operates through two segments. The Think Tank Consulting Service segment is engaged in the provision of research and consulting, management consulting, IT consulting and solution service related to policy and general business. The IT Service segment is engaged in the development, operation and maintenance of software, the provision of information processing service and outsourcing service, as well as the sales of system equipment.
Mitsubishi Research Institute, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2020; Announces Dividend for the Year Ended September 30, 2018, Payable on December 19, 2019; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending September 30, 2019