sMedio, Inc. announced consolidated earnings results for the fiscal year 2019. For the year, the company reported net sales of JPY 862 million compared to JPY 985 million a year ago. Operating loss was JPY 61 million compared to JPY 107 million a year ago. Loss attributable to owners of parent was JPY 84 million compared with JPY 110 million a year ago. Basic loss per share was JPY 43.94 compared to JPY 57.92 a year ago.

The company provided consolidated earnings guidance for the year ending December 2020. For the year, the company expects net sales of JPY 1,008 million, operating profit of JPY 26 million and profit attributable to owners of parent of JPY 11 million.

The company provided consolidated earnings guidance for the half year ending June 2020. For the year, the company expects net sales of JPY 502 million. Loss attributable to owners of parent of JPY 4 million.