Showa Aircraft Industry Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company's sales were JPY 5,939 million compared to JPY 5,438 million a year ago. Operating income was JPY 611 million compared to JPY 451 million a year ago. Net quarterly income was JPY 406 million compared to JPY 303 million a year ago. Net quarterly income per share was JPY 12.48 compared to JPY 9.31 a year ago.

The company provided consolidated earnings guidance for the half year and fiscal year ending March 31, 2020. For the half year, the company expects to report net sales of JPY 12,000 million, operating profit of JPY 1,000 million, net income of JPY 600 million, and net income per share of JPY 18.40.

For the year, the company expects to report net sales of JPY 27,000 million, operating profit of JPY 2,600 million, net income of JPY 1,400 million, and net income per share of JPY 42.93.


For the second quarter of fiscal year 2020, the company expects to pay a dividend of JPY 5.00 per share, compared with JPY 5.00 per share paid for the same period a year ago.

For the fiscal year 2020, the company expects to pay a dividend of JPY 6.00 per share, compared with JPY 5.00 per share paid for the same period a year ago.