Chiyoda Ute Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported net sales of JPY 14,334 million compared to JPY 15,401 million a year ago. Operating loss was JPY 445 million compared to JPY 145 million a year ago. Loss attributable to owners of parent was JPY 320 million compared to JPY 112 million a year ago. Profit before income taxes was JPY 81,968,000 compared to JPY 395,979,000 a year ago. Net loss per share was JPY 18.57 compared to JPY 6.50 a year ago.

The company provided consolidated earnings guidance for the fiscal year ending March 31, 2019. For the year, the company expects consolidated net sales of JPY 31,300 million, operating income of JPY 100 million, profit attributable to owners of parent of JPY 100 million. Net income per share was JPY 5.80.