Gene Techno Science Co.,Ltd. announced non-consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 1,059 million against JPY 1,089 million a year ago. Operating loss was JPY 913 million against JPY 1,184 million a year ago. Ordinary loss was JPY 903 million against JPY 1,176 million a year ago. Net loss was JPY 904 million or JPY 94.54 per share against JPY 1,224 million or JPY 137.01 per share a year ago. Negative return on equity was 29.9% against 63.5% a year ago. Cash flows used in operating activities was JPY 438 million against JPY 1,759 million a year ago. Net loss for the year before taxes was JPY 902 million against JPY 1,222 million a year ago. Purchase of fixed assets was JPY 252 million.

For the year ending March 31, 2019, the company expects net sales of JPY 1,060 million, Operating loss of JPY 1,180 million, Ordinary loss of JPY 1,180 million, net loss of JPY 1,182 million or JPY 123.54 per share.