Sanden Holdings Corporation reported consolidated earnings results for the second quarter ended September 30, 2019. For the quarter, the company reported sales of JPY 127,988 million compared to JPY 137,474 million a year ago. Operating income was JPY 148 million compared to JPY 78 million a year ago. Net income was JPY 1,778 million or JPY 64.22 per basic share compared to net loss of JPY 1,184 million or JPY 42.82 per basic share a year ago.

For the year ending March 31, 2020, the company expects net sales of JPY 215,000 million, operating income of JPY 500 million and net income of JPY 9,000 million or JPY 324.92 per basic share.