HIRANO TECSEED Co. Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2019. For the period, the consolidated company reported net sales of ¥4,737 million, operating income of ¥376 million, ordinary income of ¥412 million, net income attributable to owners of the parent of the company of ¥292 million or net earnings per basic share of ¥19.44 compared to net sales of ¥7,212 million, operating loss of ¥929 million, ordinary loss of ¥959 million, net profit attributable to owners of the parent of the company of ¥655 million or net income per basic share of ¥43.56 for the same period last year.

For the first half of fiscal year ending March 31, 2020, the consolidated company expects net sales of ¥15,000 million, operating income of ¥2,960 million, ordinary income of ¥3,000 million, net income attributable to owners of the parent of the company of ¥2,000 million or net income per share of ¥132.95.

For the fiscal year ending March 31, 2020, the consolidated company expects net sales of ¥30,000 million, operating income of ¥3,950 million, ordinary income of ¥4,000 million, net income attributable to owners of the parent of the company of ¥2,700 million or net income per share of ¥179.48.