SHOWA Corporation reported consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported Net Sales were ¥201,493 million compared to ¥214,747 million a year ago. Net income was ¥15,054 million or ¥159.81 per basic share compared to ¥17,448 million or ¥187.95 per basic share a year ago. Operating income was ¥20,594 million compared to ¥23,182 million a year ago.

The company provided consolidated earnings guidance for the year ended March 31, 2020. For the year, The company expects net sales will be ¥271,000 million. Net income will be ¥20,600 million or ¥213.25 per basic share. Operating income will be ¥27,000 million.