METAWATER Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, net sales were JPY 14,848 million against JPY 11,582 million a year ago. Operating loss was JPY 1,563 million against JPY 2,316 million a year ago. Net loss was JPY 1,162 million against JPY 1,477 million a year ago. Basic loss per share was JPY 44.85 against JPY 57.34 a year ago.

For the year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 125,000 million, operating income of JPY 8,000 million, profit attributable to owners of parent of JPY 5,500 million and basic earnings per share of JPY 212.16.