Advanex Inc. announced consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported net sales of JPY 5,238 million compared to JPY 4,899 million a year ago. Operating income was JPY 55 million compared to JPY 71 million a year ago. Ordinary income was JPY 82 million compared to JPY 83 million a year ago. Net loss was JPY 1 million compared to net income of JPY 47 million a year ago. Net loss per share was JPY 0.26 as compared to net income per share of JPY 11.72 a year ago. Net income before income taxes was JPY 57,399,000 compared to JPY 82,855,000 a year ago. Net loss attributable to owners of the parent was JPY 1,079,000 compared to income of JPY 47,817,000 a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2019. For the year, the company expects to report net sales of JPY 20,800 million, operating income of JPY 350 million, ordinary income of JPY 320 million, net income of JPY 160 million and net income per share of JPY 39.24.