Ryoyo Electro Corporation announced consolidated earnings results for the nine months ended October 31, 2019. For the period, the company reported net sales of JPY 81,300 million against JPY 69,106 million for the same period last year. Operating profit was JPY 1,647 million against JPY 1,150 million for the same period last year. Ordinary profit was JPY 1,663 million against JPY 1,250 million for the same period last year. Profit was JPY 1,083 million against JPY 860 million for the same period last year. Net income per share was JPY 44.12 against JPY 35.08 for the same period last year. Fully diluted net income per share was JPY 43.86 against JPY 34.95 for the same period last year.

For the year ending January 31, 2020, the company expects Net sales of JPY 105,000 million, operating profit of JPY 1,900 million, ordinary profit of JPY 1,900 million, Profit attributable to owners of parent of JPY 1,200 million and net income per share of JPY 48.87.