Crossfor Co.,Ltd. announced consolidated earnings results for the six months ended January 31, 2020. For the six months, the company reported net sales of JPY 1,566 million against JPY 1,880 million a year ago. Operating income was JPY 56 million against JPY 143 million a year ago. Net income attributable to owners of parent was JPY 51 million against JPY 68 million a year ago. Net income per share was JPY 3.11 against JPY 4.07 a year ago. Diluted net income per share was JPY 3.09 against JPY 4.05 a year ago.

For the fiscal year ending July 31, 2020, the company expects net sales to be JPY 3,850 million, operating income to be JPY 200 million, net income to be JPY 126 million, and net income per share to be JPY 7.53.

For the year ending July 31, 2020, the company provided dividend guidance of JPY 1.60 compared to JPY 0.30 a year ago.