DaikyoNishikawa Corporation reported consolidated earnings results for the full year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of JPY 171,967 million against JPY 155,643 million a year ago. Operating income was JPY 18,052 million against JPY 14,376 million a year ago. Ordinary income was JPY 18,742 million against JPY 13,865 million a year ago. Profit attributable to owners of the parent was JPY 12,464 million against JPY 10,096 million a year ago. Diluted earnings per share were JPY 175.94 against JPY 137.50 a year ago. Net income per share was JPY 175.94 against JPY 137.50 a year ago. Net income per shareholders equity was 20.4% against 18.7% a year ago. Net assets per share was JPY 950.76 against JPY 777.54 a year ago. Cash flows from operating activities were JPY 24,742 million against JPY 17,628 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 136,006 million against JPY 124,288 million a year ago. Operating income was JPY 11,229 million against JPY 10,710 million a year ago. Ordinary income was JPY 11,897 million against JPY 10,948 million a year ago. Net income was JPY 9,348 million against JPY 7,987 million a year ago. Diluted net income per share was JPY 117.83 against JPY 108.78 a year ago. Net income per share was JPY 117.83 against JPY 108.78 a year ago.

For the full year, the company announced full year dividend of JPY 18 per share against JPY 16.00 per share paid for the same period a year ago. The dividend will be payable on June 25, 2018.

For the second quarter, the company expects total dividend of JPY 17.00 per share against JPY 16.00 per share a year ago.

For the end of fiscal year ending March 31, 2019, the company expects total dividend of JPY 17.00 per share against JPY 18.00 per share a year ago.

The company provided earnings guidance for the half year ended September 30, 2018 and full year ending March 31, 2019. For the half year ended September 30, 2018, the company expects net sales of JPY 85,000 million, operating income of JPY 6,800 million, ordinary income of JPY 6,800 million, profit attributable to owners of parent of JPY 4,800 million and net income per share of JPY 67.75.

For the full year ending March 31, 2019, the company expects net sales of JPY 173,000 million, operating income of JPY 14,800 million, ordinary income of JPY 14,700 million, profit attributable to owners of parent of JPY 10,300 million and net income per share of JPY 145.38.