Kintetsu World Express, Inc. announced consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis, the company's net sales were JPY 592,009 million compared to JPY 553,197 million a year ago. Operating income was JPY 20,797 million compared to JPY 17,551 million a year ago. Ordinary income was JPY 19,939 million compared to JPY 17,345 million a year ago. Net income was JPY 11,812 million or JPY 136.91 per share against JPY 8,381 million or JPY 97.26 per share a year ago.

For the year on non-consolidated basis, the company's net sales were JPY 116,197 million compared to JPY 101,145 million a year ago. Operating income was JPY 2,949 million compared to JPY 3,643 million a year ago. Ordinary income was JPY 11,204 million compared to JPY 8,829 million a year ago. Net income was JPY 11,383 million or JPY 158.10 per share against JPY 5,555 million or JPY 77.17 per share a year ago.

For the first half of fiscal year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 300,000 million, operating income of JPY 9,300 million, ordinary income of JPY 8,900 million and net income attributable to owners of the parent of JPY 3,600 million or JPY 50.00 per share.

For the full year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 620,000 million, operating income of JPY 22,000 million, ordinary income of JPY 21,300 million and net income attributable to owners of the parent of JPY 10,500 million or JPY 145.84 per share.