NPC Incorporated announced dividend forecast for the year ending August 31, 2019 amounted to JPY 2.50 per share compared to JPY 2.00 per share for the same period a year ago.

The company also announced the resignation of Junichi Akita as director of the company. The resignation was effective on November 29, 2018.

The company reported Consolidated and Non- consolidated earnings results for the Fiscal year ended August 31, 2018. For the full year, on a consolidated basis, the company reported sales of JPY 6,444 million against of JPY 4,765 million a year ago. Operating income was JPY 506 million compared to JPY 590 million a year ago. Ordinary income was JPY 458 million compared to JPY 498 million a year ago. Net income attributable to owners of the parent was JPY 410 million compared to JPY 282 million a year ago. Earnings per share were JPY 18.62 against of JPY 12.83 a year ago. Return on shareholders' equity was 7.4% against of 5.4% a year ago. Net assets per share as of August 31, 2018 were JPY 262.38. Cash flows from operating activities were JPY 455 million compared to JPY 404 million a year ago. Income before income taxes and minority interests was JPY 486,684,000 compared to JPY 306,474,000 a year ago. Purchase of property, plant and equipment and intangible assets was JPY 23,029,000 compared to JPY 23,969,000 a year ago.

For the full year, on a non-consolidated basis, the company reported sales of JPY 6,433 million against of JPY 4,754 million a year ago. Operating income was JPY 478 million compared to JPY 596 million a year ago. Ordinary income was JPY 435 million compared to JPY 607 million a year ago. Net income was JPY 392 million compared to JPY 396 million a year ago. Earnings per share were JPY 17.81 against of JPY 17.97 a year ago. Net assets per share as of August 31, 2018 were JPY 256.76.

The company provided consolidated and non-consolidated earnings guidance for the first half ending February 28, 2019 and fiscal year ending August 31, 2019. For the first half ending February 28, 2019, on a consolidated basis, the company expects sales to be of JPY 1,839 million. Operating loss expected to be of JPY 17 million. Ordinary loss expected to be of JPY 46 million. Net loss attributable to owners of the parent expected to be of JPY 51 million. Loss per share expected to be of JPY 2.35.

For the Year ending August 31, 2019, on a consolidated basis, the company expects sales to be of JPY 7,002 million. Operating income expected to be of JPY 534 million. Ordinary income expected to be of JPY 491 million. Net income attributable to owners of the parent expected to be of JPY 428 million. Earnings per share expected to be of JPY 19.43.

For the first half ending February 28, 2019, on a non-consolidated basis, the company expects sales to be of JPY 1,829 million. Operating loss expected to be of JPY 17 million. Ordinary loss expected to be of JPY 46 million. Net loss attributable to owners of the parent expected to be of JPY 48 million. Loss per share expected to be of JPY 2.21.

For the Year ending August 31, 2019, on a consolidated basis, the company expects sales to be of JPY 6,986 million. Operating income expected to be of JPY 521 million. Ordinary income expected to be of JPY 478 million. Net income attributable to owners of the parent expected to be of JPY 422 million. Earnings per share expected to be of JPY 19.14.