MUTOH Holdings Co., Ltd. announced consolidated financial results for the year ended March 31, 2019. For the period, the company reported net sales of JPY 19,202 million against JPY 20,048 million a year ago. Operating profit was JPY 160 million against JPY 160 million a year ago. Profit attributable to owners of parent was JPY 64 million against loss of JPY 337 million a year ago. Basic earnings per share were JPY 14.21 against loss per share JPY 73.56 a year ago.

The company provided earnings guidance for 2020. The company expects net sales of JPY 19,800 million. Ordinary profit of JPY 150 million, Operating profit of JPY 140 million, Profit attributable to owners of parent JPY 100 million, Basic earnings per share of JPY 21.98.

For the second quarter ending September 2019, the company expects net sales of JPY 9,600 million, Ordinary profit of JPY 35 million, Operating profit of JPY 30 million, loss attributable to owners of parent JPY 70 million, Basic loss per share of JPY 15.38.