Valqua, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, net sales were ¥12,619 million compared to ¥13,245 million for the last year. Operating income was ¥1,543 million compared to ¥1,741 million for the last year. Ordinary income was ¥1,544 million compared to ¥1,802 million for the last year. Profit was ¥1,124 million compared to ¥1,297 million for the last year.

For the year 2020, the company expects net sales of ¥50,000 million, operating income of ¥4,600 million, ordinary income of ¥4,700 million, net profit of ¥3,300 million, and earnings per share of ¥187.81.