Sanken Electric Co., Ltd. announced consolidated financial results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 118,778 million against JPY 131,152 million for the same period a year ago. Operating profit was JPY 1,928 million against JPY 8,813 million for the same period a year ago. Loss was JPY 7,415 million against profit of JPY 5,188 million for the same period a year ago. Net loss per share was JPY 306.05 per share against profit of JPY 121.19 per share for the same period a year ago.

For the year ending March 31, 2020, the company expects net sales to be JPY 161,000 million against prior guidance of JPY 164,300 million. Operating income is expected to be JPY 4,000 million against prior guidance of JPY 5,800 million. Loss attributable to owners of parent is expected to be JPY 7,000 million against prior guidance of profit of JPY 1,900 million. Net loss per share is expected to be JPY 289.26 per share against prior guidance of profit of JPY 78.45 per share.