Nihon Seiko Co., Ltd. announced consolidated financial results for the third quarter ended December 31, 2019. For the period, the company reported net sales of JPY 8,148 million against JPY 10,975 million a year ago. Operating income was JPY 220 million against JPY 1,034 million a year ago. Profit attributable to owners of parent was JPY 134 million against JPY 700 million a year ago. EPS were JPY 55.05 against JPY 288.80 a year ago.

The company also provided financial guidance for the year ending March 31, 2020. For the period, the company expected net sales of JPY 10,300 million, operating profit of JPY 390 million and Profit attributable to owners of the parent of JPY 240 million and EPS of JPY 98.33.