inspec Inc. reported consolidated earnings results for the first quarter ended July 31, 2019. For the quarter, the company reported net sales of JPY 889 million compared to JPY 598 million a year ago. Operating income was JPY 175 million compared to JPY 14 million a year ago. Net income attributable to owners of parent was JPY 145 million compared to net loss attributable to owners of parent of JPY 5 million a year ago. Net income per share was JPY 43.91 compared to net loss per share of JPY 1.68 a year ago. Diluted net income per share was JPY 43.79.

The company provided earnings guidance for the Year ending April 2020. For the period, the company expects net sales to be of JPY 3,150 million. Operating income expected to be of JPY 300 million. Net income attributable to owners of parent expected to be of JPY 240 million. Net income per share expected to be of JPY 72.69.