Kurotani Corporation reported consolidated earnings results for the first quarter ended November 2018. For the quarter, the company reported net sales of JPY 13,326 million against JPY 14,332 million a year ago. Operating loss was JPY 64 million against operating profit of JPY 682 million a year ago. Ordinary loss was JPY 80 million against profit of JPY 678 million a year ago. Loss attributable to owners of parent was JPY 54 million or JPY 3.82 per basic share against profit of JPY 422 million or JPY 29.47 per basic share a year ago.

For the period ending February 2019, the company expects net sales of JPY 25,426 million, operating profit of JPY 335 million, ordinary profit of JPY 311 million, profit attributable to owners of parent of JPY 209 million or JPY 14.61 per basic share.

For the year ending August 2019, the company expects consolidated net sales of JPY 51,691 million, operating profit of JPY 754 million, ordinary profit of JPY 714 million, profit attributable to owners of parent of JPY 484 million or JPY 33.79 per basic share.

For the second quarter of fiscal year 2019, the company expects to pay dividend of JPY 7.50 per share compared to dividend of JPY 15 paid per share for the same period last year.

For the full year ending August 2019, the company expects to pay yearend dividend of JPY 7.50 per share compared to year end dividend of JPY 7.50 paid per share for the same period last year.