Ohara Inc. reported consolidated and non-consolidated earnings results for the fiscal year ended October 31, 2019. For the year, on consolidated basis, the company reported net sales of JPY 23,407 million compared to JPY 28,221 million a year ago. Operating income was JPY 901 million compared to JPY 3,270 million a year ago. Profit attributable to owners of parent was JPY 466 million or JPY 19.16 per share compared to JPY 3,220 million or JPY 132.37 per share a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 13,051 million compared to JPY 16,880 million a year ago. Operating loss was JPY 1,364 million compared to income of JPY 845 million a year ago. Net income was JPY 501 million or JPY 20.59 per share compared to JPY 2,152 million or JPY 88.47 per share a year ago.

The company provided consolidated earnings guidance for the interim period of fiscal year ending October 31, 2020. For the six months, the company expects net sales of JPY 10,200 million, operating loss of JPY 500 million, loss attributable to owners of parent of JPY 550 million and net loss per share of JPY 22.60.

For the fiscal year ending October 31, 2020, the company expects net sales of JPY 22,800 million, operating income of JPY 800 million, profit attributable to owners of parent of JPY 600 million and net income per share of JPY 24.66.