KYB Corporation reported consolidated earnings results for the three months ended June 30, 2019. For the three months, the company reported net sales of JPY 101,643 million compared to JPY 102,137 million a year ago. Operating profit was JPY 3,608 million compared to JPY 5,610 million a year ago. Profit for the period was JPY 1,884 million compared to JPY 3,770 million a year ago. Basic earnings per share was JPY 69.77 compared to JPY 142.08 a year ago.

The company provided earnings guidance for the first half and full year ending March 31, 2020. For the first half year, the company expects net sales of JPY 205,000 million, operating profit of JPY 8,900 million, profit of JPY 6,900 million and basic earnings per share of JPY 262.29.

For the year, the company expects net sales of JPY 415,000 million, operating profit of JPY 23,900 million, profit of JPY 14,600 million and basic earnings per share of JPY 649.83.