Ivy Cosmetics Corporation announced earnings results for the fiscal year ended March 31, 2020. For the year, the company reported net sales of JPY 3,832 million compared to JPY 3,335 million a year ago. Operating loss was JPY 54 million compared to JPY 989 million a year ago. Ordinary profit was JPY 24 million compared to ordinary loss of JPY 1,035 million a year ago. Profit was JPY 45 million or JPY 4.12 per basic share compared to loss of JPY 1,036 million or JPY 271.25 per basic share a year ago.

The company provided earnings guidance for the six months ending September 2020 and full year ending March 31, 2021. For the six months, the company expects to report net sales of JPY 2,150 million, operating profit of JPY 190 million, ordinary profit of JPY 180 million, and profit of JPY 140 million or JPY 31.54 per basic share.

For the year, the company expects to report net sales of JPY 4,000 million, operating profit of JPY 225 million, ordinary profit of JPY 200 million, and profit of JPY 155 million or JPY 31.54 per basic share.