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Net sales up 14% YoY in Q2 2018 for Gakujo

Tokyo-based Gakujo Co. Ltd has released its financial results for the second quarter of the fiscal year ending October 2018.

President and representative director, Kiyokazu Nagai, reported that net sales for the period were ¥4,669m, up just over 14% on last year. However, the company’s profits were down 1.7% at ¥790m. Nagai-san is forecasting full year net sales of ¥6,200m and net income of ¥1,240m.

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