Chiyoda Ute Co., Ltd. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported net sales of JPY 30,146 million against JPY 31,616 million a year ago. Operating loss was JPY 300 million against operating profit of JPY 66 million a year ago. Loss attributable to owners of parent was JPY 90 million or JPY 5.22 per share against profit of JPY 239 million or JPY 13.87 per share a year ago.

For the fiscal year ending March 31, 2020, the company expects net sales of JPY 31,000 million, operating profit of JPY 250 million and profit attributable to owners of parent of JPY 200 million or JPY 11.59 per basic share.