Freund Corporation reported consolidated earnings results for the nine months ended November 30, 2018. For the nine months, the company reported net sales of JPY 13,243 million against JPY 13,745 million a year ago. Operating profit was JPY 670 million against JPY 1,152 million a year ago. Ordinary profit was JPY 770 million against JPY 1,174 million a year ago. Profit attributable to owners of parent was JPY 523 million against JPY 849 million a year ago. Net income per share was JPY 31.08 million against JPY 49.26 million a year ago.

For the fiscal year ending February 28, 2019, the company forecasted consolidated net sales of JPY 18,000 million, operating profit of JPY 1,000 million, ordinary profit of JPY 1,100 million, profit attributable to owners of parent of JPY 800 million and net income per share of JPY 47.49.