Yamashin-Filter Corp. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 2,740 million compared to JPY 3,492 million a year ago. Operating income was JPY 117 million compared to JPY 521 million a year ago. Ordinary income was JPY 99 million compared to JPY 524 million a year ago. Net income attributable to owners of parent was JPY 61 million or JPY 0.89 per share compared to JPY 421 million or JPY 6.09 per share a year ago.

For the year ending March 31, 2020, the company expects consolidated net sales of JPY 13,000 million operating income of JPY 1,650 million, ordinary income of JPY 1,600 million and net income attributable to owners of parent of JPY 1,100 million or JPY 15.90 per share.

For the second quarter of fiscal year ending March 31, 2020, the company expects to pay a dividend of JPY 3.00 per share, compared with JPY 2.50 per share paid for the same period a year ago.

For the fiscal year ending March 31, 2020, the company expects to pay a year-end dividend of JPY 3.00 per share against JPY 3.50 per share paid a year ago.