Nippon Techno Lab Inc. announced consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of JPY 193 million against JPY 216 million for the same period a year ago. Operating loss was JPY 33 million against JPY 59 million for the same period a year ago. Ordinary loss was JPY 32 million against JPY 108 million for the same period a year ago. Net loss was JPY 36 million or JPY 23.09 per basic share against JPY 73 million or JPY 46.08 per basic share for the same period a year ago.

The company provided consolidated earnings guidance for the year ending March 2020. For the year, the company expects net sales of JPY 900 million, operating income of JPY 150 million, ordinary income of JPY 150 million and net income attributable to owners of parent of JPY 80 million or JPY 49.07 per basic share.