inspec Inc. announced consolidated earnings results for the nine months ended January 31, 2020. For the period, the company reported net sales of JPY 1,726 million against JPY 2,110 million for the same period last year. Operating income was JPY 40 million against JPY 241 million for the same period last year. Ordinary income was JPY 77 million against JPY 180 million for the same period last year. Net income attributable to owners of parent was JPY 54 million against JPY 159 million for the same period last year. Net income per share was JPY 16.02 against JPY 48.33 for the same period last year. Diluted net income per share was JPY 15.80 against JPY 47.92 for the same period last year.

For the fiscal year ending April 30, 2020, the company expects net sales of JPY 2,440 million, operating income of JPY 44 million, ordinary income of JPY 93 million, net income attributable to owners of parent of JPY 64 million and net income per share of JPY 17.02.