Ichikoh Industries, Ltd. announced consolidated earnings results for the financial year ended December 31, 2019. Net sales were JPY 133,053 million compared to JPY 140,600 million a year ago. Operating profit was JPY 6,440 million compared to JPY 9,003 million a year ago. Ordinary profit was JPY 7,363 million compared to JPY 9,694 million a year ago. Profit attributable to owners of the company was JPY 5,214 million compared to JPY 9,756 million a year ago. Net income per share was JPY 54.26 compared to JPY 101.54 a year ago.

For the half year the company expects net sales of JPY 66,000 million, Operating income of JPY 2,900, ordinary income of JPY 3,100 million, Profit attributable to owners of the company of JPY 2,300 million and ner income per share of JPY 23.93.

For the financial year ending December 31, 2020 the company expects net sales of JPY 137,000 million, Operating income of JPY 7,200, ordinary income of JPY 7,700 million, Profit attributable to owners of the company of JPY 5,500 million and net income per share of JPY 57.22.