Kyoden Company, Limited reported consolidated and non-consolidated earnings results for the year ended March 31, 2020. For the year, on consolidated basis, the company reported net sales of ¥53,160 million against ¥56,357 million a year ago. Operating profit was ¥2,188 million against ¥3,972 million a year ago. Profit attributable to owners of parent was ¥1,621 million against ¥3,036 million a year ago. Basic earnings per share was ¥32.64 against ¥61.11 a year ago.

For the year ending March 31, 2021, the company expects consolidated net sales of ¥51,500 million, operating profit of ¥3,000 million, profit attributable to owners of parent of ¥1,900 million or ¥38.24.

For the year on non-consolidated basis, the company reported net sales of ¥24,472 million against ¥25,666 million a year ago. Operating profit was ¥262 million against ¥1,483 million a year ago. Profit was ¥1,089 million against ¥1,454 million a year ago. Basic earnings per share was ¥21.93 against ¥29.27 a year ago.