Descente Ltd. announced unaudited consolidated earnings results for the quarter ended June 30, 2019. For the quarter, the company reported net sales were JPY 29,479 million compared with JPY 30,776 million a year ago. Operating income was JPY 451 million compared with JPY 1,116 million a year ago. Quarterly profit was JPY 354 million compared with JPY 975 million a year ago. Net income per share were JPY 4.71 compared with JPY 12.94 a year ago.

The company provided earnings guidance for the first half and full year ending March 31, 2020. For the first half of fiscal year, the company expected net sales of JPY 64,400 million, operating profit of JPY 1,500 million, profit attributable to owners of parents of JPY 1,100 million, earnings per share of JPY 14.59.

For the fiscal year ending March 31, 2020, the company expected net sales of JPY 144,000 million, operating profit of JPY 8,000 million, profit attributable to owners of parents of JPY 5,300 million, earnings per share of JPY 70.29.