Ryoyo Electro Corp. reported consolidated earnings results for the six months ended July 31, 2019. For the period, the company reported net sales of JPY 54,229 million compared to JPY 45,133 million a year ago. Operating income was JPY 1,061 million compared to JPY 791 million a year ago. Ordinary income was JPY 1,140 million compared to JPY 892 million a year ago. Profit was JPY 796 million or JPY 32.25 per diluted share compared to JPY 619 million or JPY 25.18 per diluted share a year ago.

The company provided earnings guidance for the full year ending January 31, 2020. For the year, the company expects net sales of JPY 98,000 million, operating income of JPY 1,500 million, ordinary income of JPY 1,600 million, profit attributable to the owners of the parent of JPY 1,140 million or JPY 46.45 per share.