Union Tool Co. reported consolidated earnings results for the quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 10,945 million compared to JPY 12,260 million a year ago. Operating profit was JPY 1,537 million compared to JPY 2,200 million a year ago. Ordinary profit was JPY 1,516 million compared to JPY 2,209 million a year ago. Profit attributable to owners of parent was JPY 1,205 million compared to JPY 1,678 million a year ago. Basic earnings per share was JPY 69.77 compared to JPY 97.14 a year ago.

For the year ending December 31, 2019, the company expects net sales to be JPY 23,000 million, operating profit to be JPY 3,100 million, ordinary profit to be JPY 3,100 million, profit attributable to owners of parent to be JPY 2,400 million, basic earnings per share to be JPY 138.92.