HORIBA, Ltd. announced consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the year, the company reported net sales of JPY 210,570 million compared to JPY 195,399 a year ago. Operating Income was JPY 28,838 million compared to JPY 26,834 million a year ago. Ordinary Income was JPY 28,316 million compared to JPY 26,608 million a year ago. Net income was JPY 22,338 million compared to JPY 16,298 million a year ago. Net Income attributable to owners of parent per share was JPY 529.24 compared to JPY 386.30 a year ago.

For the quarter, the company reported Net Sales were JPY 64,539 million against JPY 63,109 million a year ago. Operating income was JPY 10,961 million against JPY 12,221 million a year ago. Net income attributable to owners of parent was JPY 8,840 million against JPY 5,496 million a year ago.

For the year ending December 31, 2019, the company expects net sales to be JPY 218,000 million. Operating Income to be JPY 29,000 million. Ordinary Income to be JPY 28,500 million. Net income attributable to owners of parent was JPY 20,000 million. Net income attributable to the owners of the parent per share was JPY 474.27.

For the first half of 2019, the company expects net sales to be JPY 96,000 million. Operating Income to be JPY 10,500 million. Ordinary Income to be JPY 10,300 million. Net income attributable to owners of parent was JPY 7,000 million. Net income attributable to the owners of the parent per share was JPY 165.99.