Freund Corporation revised consolidated earnings forecast for the year ending February 29, 2020, For the year, the company predicts the Net sales of JPY 17,000 million against JPY 17,500 million as previously forecasted. Operating profit of JPY 600 million against JPY 1,000 million as previously forecasted. Ordinary profit of JPY 600 million against JPY 1,000 million as previously forecasted. Profit attributable to owners of parent of JPY 350 million against JPY 700 million as previously forecasted. Net income per share of JPY 20.90 against JPY 41.80 as previously forecasted.