Nifco Inc. announced consolidated earnings results for the fiscal year ended March 31, 2018. For the year, the company reported net sales of JPY 271,302 million against JPY 259,439 million for the same period a year ago. Operating income was JPY 30,900 million against JPY 29,813 million for the same period a year ago. Ordinary income was JPY 30,380 million against JPY 28,431 million for the same period a year ago. Profit attributable to owners of parent was JPY 21,198 million against JPY 20,364 million for the same period a year ago. Diluted profit attributable to owners of parent per share was JPY 194.60 against JPY 187.18 for the same period a year ago. Return on equity was 14.9% against 16.2% for the same period a year ago. Cash flows from operating activities was JPY 28,042 million against JPY 36,720 million for the same period a year ago.

The company provided earnings guidance for the fiscal year ending March 31, 2019. For the year, the company expects net sales of JPY 275,000 million, operating income of JPY 31,300 million, ordinary income of JPY 30,600 million, profit attributable to owners of parent of JPY 21,800 million or JPY 209.27 per share.