Okabe Co., Ltd. reported consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net sales of JPY 15,439 million compared to JPY 14,474 million a year ago. Operating income was JPY 1,141 million compared to JPY 864 million a year ago. Profit attributable to owners of parent was JPY 723 million or JPY 14.52 per basic share compared to JPY 713 million or JPY 14.33 per basic share a year ago.

The company provided consolidated earnings guidance for the first six months and full year ending December 31, 2019. For the period, the company expected net sales of JPY 32,150 million, operating income of JPY 2,570 million and profit attributable to owners of parent of JPY 1,760 million or JPY 35.32 per share.

For the year 2019, the company expected net sales of JPY 68,500 million, operating income of JPY 6,100 million and profit attributable to owners of parent of JPY 4,300 million or JPY 86.29 per share.