Elecom Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis, reported net sales of JPY 99,362 million compared to JPY 93,546 million a year ago. Operating income was JPY 12,680 million compared to JPY 10,193 million a year ago. Profit attributable to owners of parent was JPY 7,739 million compared to JPY 7,224 million a year ago. Basic earnings per share was JPY 188.07 compared to JPY 182.77 a year ago. Diluted earnings per share was JPY 178.16 compared to JPY 166.79 a year ago.

For the year, on non-consolidated basis, reported net sales of JPY 76,554 million compared to JPY 73,236 million a year ago. Operating income was JPY 8,809 million compared to JPY 8,373 million a year ago. Profit was JPY 5,048 million or JPY 122.69 per basic share compared to JPY 5,511 million or JPY 139.43 per basic share a year ago. Diluted earnings per share was JPY 116.19 compared to JPY 127.47 a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2019 and year ending March 31, 2020. For the six months ending September 30, 2019, the company expects net sales of JPY 49,894 million, operating income of JPY 6,414 million and profit attributable to owners of parent of JPY 4,033 million or JPY 94.16 per basic share.

For the year ending March 31, 2020, the company expects net sales of JPY 103,000 million, operating income of JPY 13,400 million and profit attributable to owners of parent of JPY 8,450 million or JPY 197.28 per basic share.