Nippon Shinyaku Co. Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 29,391 million compared with JPY 27,798 million for the same period a year ago. Operating income was JPY 6,453 million compared with JPY 4,846 million for the same period a year ago. Ordinary income was JPY 6,585 million compared with JPY 5,320 million for the same period a year ago. Net income attributable to owners of the parent was JPY 4,951 million or JPY 53.51 per basic share compared with JPY 3,964 million or JPY 58.85 per basic share for the same period a year ago.

The company provided earnings guidance for the first half and full year of 2019. For the first half, the company expects to report net sales of JPY 57,000 million, operating income of JPY 10,000 million, ordinary income of JPY 10,700 million and net income attributable to owners of the parent of JPY 8,200 million or JPY 121.74 per share.

For the full year 2019, the company expects to report net sales of JPY 116,000 million, operating income of JPY 21,000 million, ordinary income of JPY 22,000 million and net income attributable to owners of the parent of JPY 16,500 million or JPY 244.97 per share.