T-Gaia Corporation reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 117,980 million compared to JPY 115,632 million a year ago. Operating profit was JPY 2,886 million compared to JPY 3,118 million a year ago. Profit attributable to owners of parent was JPY 3,708 million compared to JPY 3,866 million a year ago. Earnings per basic share were JPY 66.54 compared to JPY 69.38 a year ago.

For the fiscal year ending March 31, 2020, the company expects, operating profit of ¥13,100 million and profit attributable to owners of parent of ¥12,400 million or ¥222.51 per share on net sales of ¥432,000 million.

For the year ending Mar. 31, 2020, the company expects to pay an interim dividend of ¥37.50 per share at the end of the second quarter and an year end dividend of ¥37.50 per share.