sMedio, Inc. announced consolidated earnings results for the year ended December 31, 2018. For the year, the company reported net sales of JPY 985 million compared to JPY 1,056 million a year ago. Operating loss was JPY 107 million compared to JPY 60 million a year ago. Loss attributable to owners of parent was JPY 110 million as compared to JPY 141 million ayera go. Basic loss per share was JPY 57.92 compared to JPY 71.21 a year ago.

The company provided consolidated earnings guidance for the year ending December 31, 2019. For the year, the company expects net sales of JPY 1,063 million, operating loss of JPY 35 million and loss attributable to owners of parent of JPY 52 million or JPY 27.73 per basic share.

The company provided consolidated earnings guidance for the period ending June 30, 2019. For the year, the company expects net sales of JPY 507 million, operating loss of JPY 66 million and loss attributable to owners of parent of JPY 72 million or JPY 37.81 per basic share.