Ube Industries, Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis, the company reported net sales of JPY 730,157 million compared to JPY 695,574 million a year ago. Operating profit was JPY 44,551 million compared to JPY 50,250 million a year ago. Profit was JPY 34,260 million compared to JPY 33,137 million a year ago. Net income per share was JPY 312.36 compared to JPY 301.65 a year ago. Diluted net income per share was JPY 311.36 compared to JPY 300.63 a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 312,464 million compared to JPY 315,241 million a year ago. Operating profit was JPY 10,878 million compared to JPY 19,983 million a year ago. Net income was JPY 15,871 million compared to JPY 16,886 million a year ago. Net income per share was JPY 152.22 compared to JPY 160.46 a year ago. Diluted net income per share was JPY 151.73 compared to JPY 159.92 a year ago.

The company provided consolidated earnings guidance for the first half and full year of the year ending March 31, 2020. For the first half, the company expects net sales of JPY 370,000 million, operating profit of JPY 18,500 million, ordinary profit of JPY 18,500 million, profit attributable to owners of parent of JPY 11,500 million and net income per share of JPY 113.81.

For the full year, the company expects net sales of JPY 760,000 million, operating profit of JPY 47,000 million, ordinary profit of JPY 47,000 million, profit attributable to owners of parent of JPY 31,000 million and net income per share of JPY 306.80.