Sanshin Electronics Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 27,095 million compared to JPY 29,387 million a year ago. Operating profit was JPY 247 million compared to JPY 8 million a year ago. Net loss per share was JPY 2.85 compared to JPY 8.13 a year ago. Net loss was JPY 56 million compared to JPY 228 million a year ago.

The company provided dividend guidance for the second quarter and full year ending March 2020. For the quarter, the company expected dividend of JPY 15 per share compared to JPY 15 per share paid in the same period ago.

For the full year, the company expected year end dividend of JPY 55 per share compared to JPY 55 per share paid in the same period ago.

The company provided earnings guidance for the first half and full year ending March 31, 2020. For the first half, the company expected net sales of JPY 58,000 million, operating profit of JPY 700 million, net profit attributable to shareholders of parent company of JPY 430 million and net profit per share of JPY 22.42.

For the full year, the company expected net sales of JPY 124,000 million, operating profit of JPY 2,150 million, net profit attributable to shareholders of parent company of JPY 1,500 million and net profit per share of JPY 78.21.