Penta-Ocean Construction Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2020 and non-consolidated revenue results for the full year ended March 31, 2020. For the full year, on consolidated basis, the company reported net sales of JPY 573,842 million against JPY 541,949 million a year ago. Operating income was JPY 33,161 million against JPY 29,232 million a year ago. Ordinary income was JPY 32,545 million against JPY 26,569 million a year ago. Net income was JPY 23,354 million or JPY 81.83 per share against JPY 18,895 million or JPY 66.22 per share a year ago.

For the full year, on non-consolidated basis, the company reported net sales of JPY 541,528 million against JPY 512,192 million a year ago.

The company declared a year-end dividend of JPY 19.00 per share for the full year ended March 31, 2020, compared with JPY 24.00 per share paid for the full year ended March 31, 2019. The dividend will be payable on June 26, 2020.

The company provided dividend guidance for the full year ending March 31, 2021. The company expects to pay a year-end dividend of JPY 20.00 per share, compared with JPY 19.00 per share paid for the full year ended March 31, 2020.

The company provided consolidated earnings guidance for the six months ending September 30, 2020 and full year ending March 31, 2021. For the six months ending September 30, 2020, the company expects to report net sales of JPY 223,200 million, operating income of JPY 12,500 million, ordinary income of JPY 12,300 million, and net income attributable to owners of the parent was JPY 8,600 million or JPY 30.14 per share.

For the full year ending March 31, 2021, the company expects to report net sales of JPY 493,000 million, operating income of JPY 27,500 million, ordinary income of JPY 27,000 million, and net income attributable to owners of the parent was JPY 18,500 million or JPY 64.83 per share.