Nippon Chemiphar Co., Ltd. announced earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 8,741 million against JPY 8,805 million a year ago. Operating income was JPY 589 million against JPY 787 million a year ago. Income before income taxes and minority interests was JPY 590 million against JPY 651 million a year ago. Net income attributable to owners of the parent was JPY 408 million against JPY 462 million a year ago. Book value per share as on June 30, 2017 was JPY 4,604.58 against JPY 4,106.51 as on June 30, 2016. Capital expenditure was JPY 772 million against JPY 370 million a year ago.

The company provided earnings guidance for the second quarter and full year 2017. For the quarter, the company expects net sales of JPY 18,700 million, operating income of JPY 1,300 million and net income attributable to owners of the parent of JPY 800 million.

For the year, the company expects net sales of JPY 38,000 million, operating income of JPY 2,500 million and net income attributable to owners of the parent of JPY 1,550 million.