IGNIS LTD. announced consolidated financial results for the three months ended December 31, 2019. For the period, the company reported net sales of JPY 1,496 million against JPY 1,343 million a year ago. Operating income was JPY 65 million against negative JPY 340 million a year ago. Net loss attributable to owners of parent was JPY 71 million against JPY 416 million a year ago. Net loss per share were JPY 4.56 against JPY 30.42 a year ago.

The company also provided financial guidance for October 1, 2019 through September 30, 2020. For the period from the company expected net sales of JPY 4,000 million.