Union Tool Co. announced consolidated earnings results for the nine months ended September 30, 2019. For the nine months, the company reported net sales were ¥16,599 million against ¥18,713 million a year ago. Operating profit was ¥2,218 million against ¥3,504 million a year ago. Profit attributable to owners of parent was ¥1,741 million against ¥2,571 million a year ago. Basic earnings per share were ¥100.81 against ¥148.82 a year ago.

For the year ending December 31, 2019, the company expects net sales to be ¥22,500 million. Operating profit to be ¥2,950 million. Ordinary profit to be ¥2,900 million. Profit attributable to owners of parent to be ¥2,250 million. Basic earnings per share to be ¥130.24.