Lion Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 90,849 million compared to JPY 87,030 million a year ago. Net income was JPY 1,578 million compared to JPY 7,891 million a year ago.

Basic earnings per share from continuing operations was JPY 5.55 compared to JPY 27.56 a year ago. Diluted earnings per share from continuing operations was JPY 5.54 compared to JPY 27.51 a year ago.