Chiyoda Ute Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, Net sales were JPY 21,928 million against JPY 22,501 million reported a year ago. Operating loss were JPY 353 million against JPY 313 million reported a year ago. Loss attributable to owners of parent was JPY 128 million against JPY 182 million reported a year ago. Basic loss per share was JPY 7.44 against JPY 10.55 reported a year ago. Loss was JPY 124,491,000 against JPY 182,647,000 reported a year ago.

For the fiscal year ending March 31, 2020, the company expects Net sales of JPY 29,500 million, Operating loss of JPY 300 million, Loss attributable to owners of parent of JPY 50 million or JPY 2.90 per share.