Ichikoh Industries, Ltd. reported consolidated and non-consolidated earnings results for the financial year ended March 31, 2017. For the year, on consolidated basis, the company reported net sales of JPY 113,195 million compared to JPY 102,143 million a year ago. Operating income was JPY 4,809 million compared to JPY 2,429 million a year ago. Ordinary income was JPY 5,233 million compared to JPY 3,007 million a year ago. Net income was JPY 5,916 million compared to JPY 2,505 million a year ago. Net income per share was JPY 61.63 compared to JPY 26.13 a year ago. Income before income taxes and minority interests was JPY 2,991,000 compared to JPY 4,913,000 a year ago. Net cash provided by operating activities was JPY 8,814,000 compared to JPY 13,029,000 a year ago. Purchase of property, plant and equipment was JPY 10,339,000 compared to JPY 13,316,000 a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 87,482 million compared to JPY 75,268 million a year ago. Operating income was JPY 3,777 million compared to JPY 2,509 million a year ago. Ordinary income was JPY 4,013 million compared to JPY 2,751 million a year ago. Net income was JPY 4,985 million compared to JPY 2,664 million a year ago. Net income per share was JPY 51.93 compared to JPY 27.78 a year ago.

For the company reported consolidated earnings guidance for the first half 2017 and full year ending March 31, 2018. For the first half, the company expects net sales of JPY 58,300 million. Operating income was JPY 2,000 million. Ordinary income was JPY 2,300 million. Net income belonging to the parent company was JPY 1,900 million. Net income per share was JPY 19.79.

For the full year, the company expects net sales of JPY 90,900 million. Operating income was JPY 3,800 million. Ordinary income was JPY 4,300 million. Net income belonging to the parent company was JPY 3,700 million. Net income per share was JPY 38.54.