Advanex Inc. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the consolidated company reported net sales of ¥15,905 million, operating income of ¥113 million, ordinary income of ¥15 million, net loss of ¥179 million or net loss per share of ¥43.73 compared to net sales of ¥15,755 million, operating income of ¥55 million, ordinary income of ¥97 million, net loss of ¥71 million or net loss per share of ¥17.54 for the same period last year.

For the fiscal year ending March 31, 2020, the company expects on consolidated basis net sales of ¥21,000 million, operating income of ¥240 million, ordinary income of ¥90 million, and net loss of ¥150 million or net loss per share of ¥36.65.

The company provided year end dividend guidance for the year ending March 31, 2020. For the period, the company expected year end dividend of ¥10 per share compared to ¥30 per share paid in the same period ago.