Ryoyo Electro Corporation reported consolidated and non- consolidated earnings results for the year ended January 31, 2018. For the year, on consolidated basic the company has posted net sales of ¥92,234 million against ¥98,417 million a year ago. Operating income was ¥251 million against ¥1,373 million a year ago. Profit attributable to owners of parent was ¥212 million or ¥8.65 fully diluted per share against ¥822 million or ¥33.40 fully diluted per share a year ago. ROE was 0.3% against 1.3% a year ago. Cash flows from operating activities were ¥3,074 million against ¥6,675 million a year ago. Purchase of property, plant and equipment and intangible assets was ¥81 million against ¥193 million a year ago.

For the year, on non-consolidated basic the company has posted net sales of ¥83,744 million against ¥88,187 million a year ago. Operating income was ¥106 million against ¥1,163 million a year ago. Net profit was ¥65 million or ¥2.645 fully diluted per share against ¥1,163 million or ¥26.22 fully diluted per share a year ago.

For the six months ending July 31, 2018, the company expects net sales of ¥47,000 million, operating income was ¥500 million, profit attributable to owners of parent was ¥400 million or ¥16.32 per share.

For the year ending January 31, 2019, the company expects net sales of ¥93,000 million, operating income was ¥1,000 million, profit attributable to owners of parent was ¥800 million or ¥36.64 per share.