Hitachi Metals, Ltd. announced consolidated earnings results for the year ended March 31, 2019. For the year, the company reported revenues of JPY 1,023,421 million against JPY 988,303 million a year ago. Operating income was JPY 42,442 million against JPY 46,326 million a year ago. Net income was JPY 31,243 million against JPY 42,075 million a year ago. Basic earnings per share attributable to shareholders of the parent company per share was JPY 73.37 against JPY 98.72 a year ago.

The company provided earnings guidance for the year ending March 31, 2020. For the year, the company expects revenue to be JPY 1,000,000 million, net income attributable to shareholders of the parent company to be JPY 28,500 million and earnings per share to be JPY 66.66.