Iriso Electronics Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 10,040 million against JPY 10,886 million for the same period a year ago. Operating profit was JPY 1,398 million against JPY 1,918 million for the same period a year ago. Profit was JPY 912 million against JPY 1,582 million for the same period a year ago. Earnings per share was JPY 38.60 against JPY 67.13 a year ago.

The company provided consociated earnings guidance for the first half and year ending March 31, 2020. For the first half of fiscal year ending March 31, 2020, the company expects net sales of JPY 21,500 million, operating profit of JPY 3,400 million, ordinary profit of JPY 3,400 million and profit attributable to owners of parent of JPY 2,600 million or JPY 110.33 per share.

For the full year ending March 31, 2020, the company expects net sales of JPY 45,000 million, operating profit of JPY 8,100 million, ordinary profit of JPY 8,100 million and profit attributable to owners of parent of JPY 6,100 million or JPY 258.84 per share.

The company provided dividend guidance for the year ending March 31, 2020. The company expects to pay a fiscal year end dividend of JPY 70.00 per share against JPY 60.00 per share paid a year ago.