Kurotani Corporation reported consolidated earnings results for the first quarter ended November 2017. For the quarter, the company reported net sales of JPY 14,332 million against JPY 10,982 million a year ago. Operating income was JPY 682 million against JPY 361 million a year ago. Ordinary income was JPY 678 million against JPY 24 million a year ago. Profit attributable to owners of parent was JPY 422 million or JPY 58.93 per basic share against JPY 12 million or JPY 1.79 per basic share a year ago.

For the period ending February 2018, the company expects net sales of JPY 27,172 million, operating income of JPY 983 million, ordinary income of JPY 962 million, profit attributable to owners of parent of JPY 603 million or JPY 84.25 per basic share.

For the year ending August 2018, the company expects consolidated net sales of JPY 54,034 million, operating income of JPY 1,575 million, ordinary income of JPY 1,513 million, profit attributable to owners of parent of JPY 955 million or JPY 66.66 per basic share.

For the second quarter of fiscal 2018, the company expects to pay dividend of JPY 15.00 per share against JPY 5.00 per share paid a year ago.

For the fiscal year 2018, the company expects to pay year-end dividend of JPY 7.50 per share against JPY 10.00 per share paid a year ago.