Brother Industries, Ltd. announced consolidated earnings results for the second quarter and six months ended September 30, 2019. For the six months, the company reported revenue of JPY 318,487 million against JPY 346,400 million a year ago. Operating profit was JPY 36,526 million against JPY 38,031 million a year ago. Profit for the period was JPY 27,351 million against JPY 28,693 million a year ago. Basic earnings per share was JPY 105.00 against JPY 109.95 a year ago. Diluted earnings per share was JPY 104.68 compared to 109.61 a year ago.

For the quarter, the company reported revenue of JPY 159,255 million against JPY 172,594 million a year ago. Operating profit was JPY 18,438 million against JPY 15,776 million a year ago. Profit for the period was JPY 14,443 million against JPY 12,066 million a year ago. Basic earnings per share was JPY 55.45 against JPY 46.16 a year ago. Diluted earnings per share was JPY 55.27 compared to 46.02 a year ago.

Company revised earnings guidance for the fiscal year ending March 31, 2020. For the period the company expects revenue of JPY 642,000 million from previous forecast of JPY 683,972 million. Operating profit expected to be JPY 60,500 million from previous forecast of JPY 71,925 million. Profit for the period expected to be JPY 44,600 million from previous forecast of JPY 54,177 million. Basic earnings per share for the period expected to be JPY 171.30 compared to previous forecast of JPY 186.71 per basic share.