Axial Retailing Inc. announced earnings results for the first quarter of 2020. For the quarter, the company reported net sales were JPY 57,615 million against JPY 57,079 million a year ago. Operating profit was JPY 2,286 million against JPY 2,037 million a year ago. Profit attributable to owners of the parent was JPY 1,568 million against JPY 1,385 million a year ago. Basic earnings per share was JPY 67.50 against JPY 59.37 a year ago.

For the fiscal year ending March 31, 2020, the company expects net sales of JPY 237,000 million, operating profit of JPY 8,400 million, profit attributable to owners of the parent of JPY 5,600 million and basic earnings per share of JPY 242.09.
For the first half ending Sep. 2019, the company expects net sales of JPY 118,500 million, operating profit of JPY 4,700 million, profit attributable to owners of the parent of JPY 3,200 million and basic earnings per share of JPY 138.81.