The business saw an operating loss of 112 million yen (about US$986,000) for the quarter, compared to last year’s operating profit of 202 million yen (about US$1.78 million), and an ordinary loss of 121 million yen (about US$1.07 million), compared to last year’s ordinary profit of 172 million yen (about US$1.5 million).
Overall the company had a net loss of 87 million yen (about US$766,000), as opposed to last year’s net profit of 119 million yen (about US$1.05 million).
The company is also forecasting an increased net profit of 455 million yen (about US$4.01 million) for the year.
The company had 2.396 billion yen (about US$21 million) in sales last year but 1.718 billion yen (about US$15 million) this year.