Ryoyo Electro Corporation reports consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported net sales of JPY 45,133 million as compared to JPY 46,049 million for the same period last year. Operating income was JPY 791 million as compared to JPY 689 million for the same period last year. Ordinary income was JPY 892 million as compared to JPY 824 million for the same period last year. Profit attributable to owners of parent was JPY 619 million as compared to JPY 575 million for the same period last year. Fully diluted net income per share was JPY 25.18 as compared to JPY 23.37 for the same period last year. Income before income taxes and minority interests was JPY 892 million as compared to JPY 836 million for the same period last year. Net cash provided by operating activities was JPY 212 million as compared to JPY 3,965 million for the same period last year. Purchase of property, plant and equipment and intangible assets was JPY 69 million as compared to JPY 25 million for the same period last year.

For the year ending January 31, 2019, The company expects net sales of JPY 93,000 million, operating income of JPY 1,200 million, ordinary income of JPY 1,400 million, profit attributable to owners of parent of JPY 960 million and net income per share of JPY 39.16.