HIRANO TECSEED Co. Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the group reported net sales of ¥17,494 million compared to ¥11,501 million a year ago. Operating income was ¥2,478 million compared to ¥1,441 million a year ago. Ordinary income was ¥2,542 million compared to ¥1,487 million a year ago. Net income attributable to owners of parent was ¥1,782 million or ¥118.50 per basic share compared to ¥1,184 million or ¥78.71 per basic share a year ago. Profit before income taxes was ¥2,542,185,000 compared to ¥1,495,220,000 a year ago.

For the fiscal year ending March 31, 2018, the company reported year-end dividend forecast of ¥17.00 per share compared to ¥16.00 per share declared last year.

For the year ending March 31, 2018, the company expected to report net sales of ¥21,000 million, operating income of ¥2,950 million, ordinary income of ¥3,000 million and net income attributable to owners of parent of ¥2,100 million or ¥139.59 per basic share.