Ryoyo Electro Corporation reported consolidated and non- consolidated earnings results for the year ended January 31, 2020. For the year, on consolidated basic the company reported net sales of ¥108,538 million against ¥93,799 million a year ago. Operating profit was ¥2,154 million against ¥1,257 million a year ago. Profit was ¥1,303 million or ¥53.06 per share against ¥1,020 million or ¥41.62 per share a year ago. Fully diluted net income per share was JPY 52.76 compared to JPY 41.46 for the same period a year ago.

For the year, on non-consolidated basic the company reported net sales of ¥92,807 million against ¥85,016 million a year ago. Operating profit was ¥1,859 million against ¥1,077 million a year ago. Net income was ¥1,058 million or ¥43.12 per share against ¥827 million or ¥33.74 per share a year ago.

For the year ending January 31, 2021, the company expects net sales of ¥105,000 million, operating profit of ¥2,200 million, profit attributable to owners of parent of ¥1,530 million or ¥62.26 per share.