Fukushima Industries Corp. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 20,390 million compared to JPY 20,200 million a year ago. Operating profit was JPY 1,726 million compared to JPY 2,033 million a year ago. Profit was JPY 1,252 million or JPY 62.70 per basic share compared to JPY 1,498 million or JPY 75.02 per basic share a year ago.

For the first half of fiscal 2020, the company expects net sales of JPY 42,663 million, operating profit of JPY 4,556 million and profit attributable to owners of parent of JPY 3,063 million or JPY 152.90.

For the full year ending March 31, 2020, the company expects net sales of JPY 89,125 million, operating profit of JPY 9,325 million and profit attributable to owners of parent of JPY 6,371 million or JPY 317.99.