Daisyo Corporation reported consolidated earnings results for the first quarter ended of November 30, 2017. For the quarter, the company reported net sales of JPY 14,466 million compared to JPY 15,300 million a year ago. Operating loss was JPY 391 million compared to JPY 477 million a year ago. Ordinary loss was JPY 377 million compared to JPY 469 million a year ago. Loss attributable to owners of the parent was JPY 501 million compared to JPY 494 million a year ago. Basic loss per share was JPY 24.24 compared to JPY 23.91 a year ago.

The company provided consolidated earnings guidance for the half year ending February 2018 and full year ending August 31, 2018. For the first half, the company expects net sales to be JPY 32,000 million. Operating income expected to be JPY 330 million. Ordinary income expected to be JPY 335 million. Profit attributable to owners of the parent expected to be JPY 115 million. Basic earnings per share expected to be JPY 5.56.

For the full year, the company expects net sales to be JPY 64,400 million. Operating income expected to be JPY 1,000 million. Ordinary income expected to be JPY 1,010 million. Profit attributable to owners of the parent expected to be JPY 430 million. Basic earnings per share expected to be JPY 20.79.