Watami Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Full Year Ending March 31, 2020
November 14, 2019 at 06:00 am
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Watami Co., Ltd. announced consolidated earnings results for the six months ended September 2019. For the period, the company reported net sales of JPY 45,357 million against JPY 46,521 million a year ago. Operating loss was JPY 292 million against JPY 404 million a year ago. Loss attributable to owners of parent was JPY 563 million against JPY 581 million a year ago. Basic loss per share was JPY 14.35 against JPY 14.87 a year ago.
For the full year ending March 31, 2020, the company expected net sales to be JPY 96,300 million, operating profit to be JPY 1,100 million, profit attributable to owners of parent to be JPY 500 million and basic earnings per share to be JPY 12.79.
The company provided year end dividend guidance for the full year ending March 31, 2020. For the period, the company expected year end dividend of JPY 7.50 per share compared to JPY 7.50 per share paid in the same period ago.
WATAMI CO.,LTD. is a Japan-based company mainly engaged in the restaurants business, the home delivery business, the agriculture business and the environmental business. The Company has five business segments. The Domestic Restaurant segment is engaged in the operation of restaurants, the manufacture and wholesale of ingredients, as well as the delivery of liquors and beverages to directly managed stores and franchise stores. The Home Delivery segment is engaged in the sale and delivery of food material sets and prepared dishes. The Overseas Restaurant segment is engaged in the franchise business, the strategic planning and execution of overseas expansion, as well as the operation of restaurants in overseas. The Environmental segment is engaged in the power retail business, the wind power generation business and the circulation services business. The Agriculture segment is engaged in the production and sale of agricultural products and processed agricultural products.
Watami Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020; Provides Year End Dividend Guidance for the Full Year Ending March 31, 2020
WATAMI CO., LTD. 
