Fuji Electric Industry Co., Ltd. announced consolidated earnings results for the nine months ended October 31, 2019. For the nine months, the company reported net sales of JPY 2,899 million against JPY 2,915 million for the same period a year ago. Operating income was JPY 256 million against JPY 283 million for the same period a year ago. Ordinary income was JPY 273 million against JPY 297 million for the same period a year ago. Net income was JPY 205 million against JPY 206 million for the same period a year ago. Net income per share basic was JPY 34.81 against JPY 35.00 for the same period a year ago. Net income per share diluted was JPY 34.67 against JPY 34.85 for the same period a year ago.

For the year 2020, the company expects net sales of JPY 4,300 million, operating income of JPY 405 million, net income of JPY 265 million, net income per share of JPY 45.01 million.