Excel Co.,Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 48,580 million compared to JPY 78,607 million a year ago. Operating profit was JPY 86 million compared to JPY 1,085 million a year ago. Ordinary loss was JPY 3 million compared to profit of JPY 1,110 million a year ago. Loss attributable to owners of parents was JPY 75 million compared to profit of JPY 2,799 million a year ago. Loss per share was JPY 8.69 compared to earnings per share of JPY 323.03 a year ago.

For the year ending March 31, 2019, the company expects net sales to be JPY 73,000 million, operating profit to be JPY 450 million, ordinary profit to be JPY 300 million, profit attributable to owners of parent to be JPY 450 million and earnings per share to be JPY 51.93.

For the year ending March 31, 2019, the company expects to pay dividend of JPY 10 per share compared to JPY 55 per share paid a year ago.