Dai-ichi Seiko Co., Ltd. announced consolidated and standalone earnings results for the year ended December 31, 2018. For the year on consolidate basis, Net Sales were JPY 52,674 million against JPY 51,925 million a year ago. Operating income was JPY 719 million against JPY 2,604 million a year ago. Ordinary income was JPY 660 million against JPY 2,509 million a year ago. Net loss attributable to owners of parent was JPY 1,882 million against income of JPY 1,667 million a year ago. Net loss per share was JPY 112.58 against income of JPY 99.73 a year ago.

For the year on standalone, Net Sales were JPY 44,821 million against JPY 43,394 million a year ago. Operating loss was JPY 1,279 million against JPY 132 million a year ago. Ordinary loss was JPY 626 million against profit of JPY 1,286 million a year ago. Net loss was JPY 1,780 million against income of JPY 1,012 million a year ago. Net loss per share was JPY 106.49 against income of JPY 60.55 a year ago.

The company provided earnings guidance for the six month ending June 30, 2019 and year ending December 31, 2019. For the six month ending June 30, 2019, the company expects the Net sales of JPY 26,400 million, Operating income of JPY 10 million, Ordinary income of JPY 10 million, Net loss attributable to owners of parent of JPY 160 million, Net loss per share of JPY 9.57.

For the year ending December 31, 2019, the company expects the Net sales of JPY 55,100 million, Operating income of JPY 1,000 million, Ordinary income of JPY 1,000 million, Net profit attributable to owners of parent of JPY 300 million, Net profit per share of JPY 17.94.