Hinokiya Holdings Co., Ltd. announced consolidated and non consolidated earnings results for the year ended December 31, 2017. For the year on consolidated basis reported net sales of JPY 105,007 million compared to JPY 93,138 million a year ago. Operating income was JPY 6,286 million compared to JPY 6,103 million a year ago. Ordinary income was JPY 6,278 million compared to JPY 6,139 million a year ago. Net income attributable to owners of parent was JPY 3,447 million compared to JPY 3,329 million a year ago. Net income per share was JPY 258.91 per share compared to JPY 245.25 per share a year ago. Return on equity was 21.1% compared to 21.8% a year ago. Cash flows from operating activities was JPY 3,506 million compared to JPY 2,561 million a year ago.

For the year on non-consolidated basis reported net sales of JPY 6,353 million compared to JPY 8,589 million a year ago. Operating income was JPY 2,992 million compared to JPY 5,654 million a year ago. Ordinary income was JPY 2,883 million compared to JPY 5,721 million a year ago. Net income attributable to owners of parent was JPY 2,714 million compared to JPY 5,503 million a year ago. Net income per share was JPY 203.87 per share compared to JPY 405.44 per share a year ago. Shareholders' equity was 43.7% compared to 52.5% a year ago.
For the six months period ending June 30, 2018, the company expects net sales of JPY 49,000 million, operating income of JPY 1,300 million, ordinary income of JPY 1,300 million, net income attributable to owners of parent of JPY 700 million or JPY 55.67 per share.

For the year ending December 31, 2018, the company expects net sales of JPY 118,000 million, operating income of JPY 6,800 million, ordinary income of JPY 6,800 million, net income attributable to owners of parent of JPY 3,800 million or JPY 302.19 per share.