Shinkawa Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2019 and consolidated earnings results for the fourth quarter ended March 31, 2019. For the year, on consolidated basis, the company's net sales were ¥11,220 million against ¥15,214 million a year ago. Operating loss was ¥3,147 million against ¥620 million a year ago. Loss was ¥3,182 million against profit of ¥563 million a year ago. Loss per share was ¥175.02 against profit per share of ¥31.00 a year ago.

For the year, on non-consolidated basis, the company's net sales were ¥8,256 million against ¥14,122 million a year ago. Operating loss was ¥2,975 million against ¥1,381 million a year ago. Loss was ¥2,171 million against profit of ¥944 million a year ago. Loss per share was ¥119.42 against profit per share of ¥51.97 a year ago.

For the fourth quarter, on consolidated basis, the company's net sales were ¥2,706 million against ¥4,706 million a year ago. Operating loss was ¥1,067 million against ¥89 million a year ago. Loss attributable to owners of parent was ¥1,060 million against profit of ¥988 million a year ago. Loss per share was ¥58.25 against profit per share of ¥54.34 a year ago.

For the first quarter ending June 30, 2019, the consolidated company expects net sales of ¥2,700 million, operating loss of ¥1,250 million and loss attributable to owners of parent of ¥1,370 million or ¥75.32 per share.