Nissin Kogyo Co., Ltd. reported earnings results for the year ended March 2019. For the year, on consolidated basis, Net sales were JPY 189,693 million against JPY 188,221 million reported a year ago. Operating profit were JPY 16,301 million against JPY 13,162 million reported a year ago. Profit before tax was JPY 16,556 million against loss of JPY 1,173 million reported a year ago. Profit was JPY 11,615 million against loss of JPY 4,708 million reported a year ago. Profit attributable to owners of parent was JPY 7,344 million or JPY 112.88 per basic share against loss of JPY 8,717 million or JPY 133.97 per basic share reported a year ago.

For the year, on nonconsolidated basis, Net sales were JPY 53,856 million against JPY 50,882 million reported a year ago. Operating profit were JPY 1,994 million against JPY 2,373 million reported a year ago. Ordinary profit was JPY 6,024 million against JPY 5,906 million reported a year ago. Profit was JPY 4,535 million or JPY 69.71 per basic share against loss of JPY 4,654 or JPY 71.53 per basic share million reported a year ago.

For the six months ending September 2019, the company expects net sales of JPY 92,000 million, Operating profit of JPY 7,800 million, Profit before tax of JPY 8,000 million, Profit of JPY 6,400 million, Profit attributable to owners of parent of JPY 4,100 million or JPY 63.02 per share.

For the full year ending March 2020, the company expects net sales of JPY 187,000 million, Operating profit of JPY 16,700 million, Profit before tax of JPY 17,500 million, Profit of JPY 14,000 million, Profit attributable to owners of parent of JPY 9,500 million or JPY 146.02 per share.