Pacific Industrial Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 42,924 million compared to JPY 32,144 million a year ago. Operating income was JPY 2,891 million compared to JPY 1,927 million a year ago. Current term net profit was JPY 2,116 million compared to JPY 1,832 million a year ago. Earnings per share were JPY 35.03 compared to JPY 30.37 a year ago. Fully diluted earnings per share were JPY 34.85 compared to JPY 30.19 a year ago.

For the first half of fiscal year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 78,000 million, operating income of JPY 4,900 million and profit attribute to owners of parent of JPY 3,800 million or JPY 62.93 per share.

For the fiscal year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 155,000 million, operating income of JPY 10,000 million and profit attribute to owners of parent of JPY 8,000 million or JPY 132.42 per share.