coly Inc. reported earnings results for the first quarter ended April 30, 2023. For the first quarter, the company reported sales was JPY 863.46 million compared to JPY 1,130.51 million a year ago. Net loss was JPY 400.75 million compared to JPY 49.21 million a year ago.

Basic loss per share from continuing operations was JPY 72.83 compared to JPY 8.94 a year ago.