Universal Entertainment Corporation announced consolidated and non-consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, on consolidated basis reported net sales of JPY 22,638 million against JPY 19,545 million a year ago. Operating loss was JPY 3,152 million against JPY 4,369 million a year ago. Ordinary loss was JPY 4,486 million against ordinary profit of JPY 75,729 million a year ago. Net loss attributable to owners of parent was JPY 4,093 against net income attributable to owners of parent of JPY 181,402 million a year ago. Net loss per share was JPY 51.86 against net income per share of JPY 2,298.20 a year ago.

For the quarter, on non-consolidated basis, the company reported net sales of JPY 6,138 million. Operating loss was JPY 2,461 million. Ordinary loss was JPY 3,852 million. Net loss attributable to owners of parent was JPY 3,474 million.

For the year ending December 31, 2019, the company expected net sales to be JPY 160,000 million, operating profit expected to be JPY 20,000 million. Ordinary profit expected to be JPY 27,000 million. Net income attributable to owners of parent expected to be JPY 26,600 million or JPY 329.08 net income per share.