NOK Corporation reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, net sales were JPY 138,192 million against JPY 163,657 million a year ago. Operating loss was JPY 3,945 million against profit of JPY 4,896 million a year ago. Loss attributable to owners of parent was JPY 3,643 million against profit of JPY 3,860 million a year ago. Basic loss per share was JPY 21.06 against earnings of JPY 22.32 a year ago.

For the half year ending September 2019, on consolidated basis, the company expects net sales of JPY 301,400 million, operating profit of JPY 1,500 million, loss attributable to owners of parent of JPY 800 million and basic loss per share of JPY 4.63.

For the year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 625,000 million, operating profit of JPY 20,500 million, profit attributable to owners of parent of JPY 13,500 million and basic earnings per share of JPY 78.05.