FRONTEO, Inc. announced consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported net sales of ¥5,610 million against ¥5,851 million a year ago. Operating income was ¥196 million against loss of ¥648 million a year ago. Ordinary income was ¥299 million against loss of ¥686 million a year ago. Net income attributable to owners of the parent was ¥185 million or ¥4.67 per diluted share against loss of ¥949 million or ¥25.00 per basic share a year ago. Net cash provided by operating activities was ¥67,890,000 against cash used in operating activities of ¥115,234,000 a year ago. This was mainly attributable to recording of income before income taxes. Income before income taxes was ¥315,629,000 against loss of ¥995,024,000 a year ago. Purchase of property, plant and equipment was ¥136,848,000 against ¥124,728,000 a year ago. Purchase of intangible assets was ¥214,865,000 against ¥166,026,000 a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2019. For the period, the company expects net sales of ¥13,800 million, operating income of ¥700 million, ordinary income of ¥600 million, net income attributable to owners of the parent of ¥300 million or ¥7.89 per share.