Descente Ltd. announced consolidated financial results for the nine months ended December 31, 2019. For the period, the company's reported Net Sales were JPY 92,868 million compared to JPY 100,915 million for the same period a year ago. Operating income was JPY 1,679 million compared to JPY 4,665 million for the same period a year ago. Profit attributable to owners of parent was JPY 1,770 million compared to JPY 2,832 million for the same period a year ago. Net income per share was JPY 23.47 compared to JPY 37.57 for the same period a year ago.

For the year Ending March 31, 2020, the company expects net sales to be JPY 130,800 million, Operating income to be JPY 1,100 million, Net loss attributable to owners of parent to be JPY 1,000 million, and net loss per share to be JPY 13.26.

For the year ending March 31, 2020, the company expects dividend to be JPY 0.00 against JPY 26.00 paid a year ago.