Zensho Holdings Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 153,319 million against JPY 144,047 a million year ago. Operating profit was JPY 4,441 million against JPY 2,958 million a year ago. Ordinary profit was JPY 4,088 million against JPY 2,865 million a year ago. Profit was JPY 1,827 million against JPY 1,207 million a year ago. Earnings per share were JPY 13.23 against JPY 7.90 a year ago.

For the six month ending September 2019, the company expects net sales of JPY 328,640 million, operating profit of JPY 12,200 million, ordinary profit of JPY 11,318 million, profit attributable to owners of parent of JPY 6,238 million and basic earnings per share of JPY 42.91.

For the year ending March 31, 2020, the company expects net sales of JPY 661,367 million, operating profit of JPY 23,848 million, ordinary profit of JPY 22,133 million, profit attributable to owners of parent of JPY 10,460 million and basic earnings per share of JPY 71.95.

For the quarter, the company reported impairment loss of JPY 374 million.