Fujikura Rubber Ltd. reported consolidated and non-consolidated earnings for the year ended March 31, 2017. For the year, on consolidated basis, the company reported net sales of JPY 31,621 million against JPY 30,652 million a year ago. Operating income was JPY 1,736 million against JPY 1,329 million a year ago. Ordinary income was JPY 1,802 million against JPY 1,347 million a year ago. Profit attributable to owners of parent was JPY 1,269 million or JPY 54.27 per basic share against JPY 918 million or JPY 39.27 per basic share a year ago. Return on equity was 5.3% against 4.0% a year ago. Net assets per share were JPY 1,015.00 against JPY 980.34 a year ago. Cash flows from operating activities were JPY 2,134 million against JPY 2,640 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 20,872 million against JPY 19,647 million a year ago. Operating profit was JPY 812 million against JPY 285 million a year ago. Ordinary income was JPY 1,478 million against JPY 606 million a year ago. Profit was JPY 1,239 million or JPY 52.96 per basic share against JPY 456 million or JPY 19.49 per basic share a year ago. Net assets per share were JPY 813.37 against JPY 765.98 a year ago.

The company announced the dividend of JPY 7.00 per share for the year ended March 31, 2017 compared to JPY 6.00 per share paid for the same period a year ago. The dividend payment date is June 30, 2017.

The company provided dividend guidance for the second quarter and year end for the fiscal year ending March 31, 2018. For the second quarter, the company expects to pay dividend of JPY 7.00 per share compared to JPY 6.00 per share paid for the same period a year ago.

For the year ending March 31, 2018, the company expects to pay year-end dividend of JPY 7.00 per share compared to JPY 7.00 per announced for the same period a year ago.

The company provided consolidated earning guidance for the first half and full year ending March 31, 2018. For the first half, the company expects net sales of JPY 15,600 million, operating income of JPY 800 million, ordinary income of JPY 700 million and profit attributable to owners of parent was JPY 700 million or JPY 29.92 per basic share.

For the year ending March 31, 2018, the company expects net sales of JPY 31,700 million, operating income of JPY 1,800 million, ordinary income of JPY 1,600 million and profit attributable to owners of parent was JPY 1,300 million or JPY 55.56 per basic share.