Laox CO., LTD. reported consolidated earnings results for the nine months ended September 30, 2019. For the period, net sales were JPY 94,768 million against JPY 80,350 million a year ago. Operating loss was JPY 2,783 million against JPY 1,438 million a year ago. Loss attributable to owners of parent was JPY 3,765 million or JPY 58.41 per share against JPY 355 million or JPY 5.51 per share a year ago.

The company provided earnings guidance for the year ending December 31, 2019. The company expects net sales of JPY 134,000 million, operating loss of JPY 2,000 million and ordinary loss of JPY 2,200 million.