Kyosan Electric Manufacturing Co., Ltd. reported consolidated earnings results for the second quarter ended September 2019. For the quarter, the company reported net sales of ¥22,327 million against ¥23,759 million a year ago. Operating loss was ¥2,282 million against ¥1,365 million a year ago. Loss attributable to owners of parent was ¥1,615 million against ¥937 million a year ago. Basic loss per share were ¥25.75 against ¥14.95 a year ago.

For the year ending March 2020, the company expects net sales of ¥75,000 million, operating profit of ¥4,000 million, profit attributable to owners of parent of ¥2,400 million and basic earnings per share of ¥38.27.