Otsuka Kagu, Ltd. reported non-consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported net sales of JPY 18,825 million against JPY 21,380 million a year ago. Operating loss was JPY 3,506 million against JPY 2,702 million a year ago. Ordinary loss was JPY 3,472 million against JPY 2,609 million a year ago. Loss was JPY 2,037 million or JPY 108.22 per basic share against JPY 4,567 million or JPY 260.49 per basic share a year ago. Loss before income taxes was JPY 2,023.269 million against JPY 4,551.906 million a year ago. Net cash used in operating activities was JPY 2,080.286 million against JPY 2,926.425 million a year ago. Purchase of property, plant and equipment was JPY 85.640 million against JPY 43.203 million a year ago. Purchase of intangible assets was JPY 61.854 million against JPY 38.242 million a year ago.

The company provided non-consolidated earnings guidance for the second half year and full year ending December 31, 2018. For the year ending December 31, 2017, the company expects net sales of JPY 37,634 million, operating loss of JPY 5,100 million, ordinary loss of JPY 5,200 million and loss of JPY 3,426 million or JPY 182 per basic share. Capital expenditure of JPY 163 million. Depreciation of JPY 41 million.

For the second half year, the company expects net sales of JPY 18,809 million, operating loss of JPY 1,593 million, ordinary loss of JPY 1,727 million and loss of JPY 1,388 million. Capital expenditure of JPY 56 million. Depreciation of JPY 29 million.