AOI Electronics Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 9,840 million compared to JPY 10,834 million a year ago. Operating income was JPY 627 million compared to JPY 955 million a year ago. Ordinary income was JPY 631 million compared to JPY 1,131 million a year ago. Net income attributable to company was JPY 416 million compared to JPY 760 million a year ago. Net income per share was JPY 34.67 compared to JPY 63.38 a year ago.

For the first half ending September 30, 2019, the company expects consolidated net sales of JPY 21,000 million, operating income of JPY 1,600 million, ordinary income of JPY 1,600 million, net income attributable to the company of JPY 1,120 million and net income per share of JPY 93.34.

For the fiscal year ending Mar. 31, 2020, the company expects consolidated net sales of JPY 41,500 million, operating income of JPY 2,400 million, ordinary income of JPY 2,500 million, net income attributable to the company of JPY 1,770 million and net income per share of JPY 147.51.