Sankyo Co., Ltd. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2018. For the period on consolidated basis, the company reported net sales of JPY 86,220 million, operating profit of JPY 10,181 million, recurring income of JPY 11,319 million, profit attributable to owners of the parent of the company of JPY 5,550 million or net income per diluted share of JPY 64.86 compared to net sales of JPY 81,455 million, operating profit of JPY 5,059 million, recurring income of JPY 3,832 million, profit attributable to owners of the parent of the company of JPY 1,777 million or net income per diluted share of JPY 20.73 for the same period last year. Return on equity was 1.6% against 0.5% a year ago. Return on assets was 2.9% against 1.0% a year ago. Income before income taxes was JPY 8,055 million against JPY 3,685 million a year ago. Net cash provided by operating activities was JPY 15,962 million against JPY 8,549 million a year ago. Payment for purchase of property, plant and equipment and intangible fixed assets was JPY 2,930 million against JPY 3,917 million a year ago.

For the period, the non-consolidated company reported net sales of JPY 73,671 million, operating income of JPY 4,719 million, recurring income of JPY 7,493 million, net income of JPY 6,053 million or net income per diluted share of JPY 70.76 compared to net sales of JPY 66,356 million, operating loss of JPY 375 million, recurring income of JPY 3,460 million, net income of JPY 3,308 million or net income per diluted share of JPY 38.65 for the same period last year.

The company announced year-end dividend of JPY 75 per share for the year ended March 31, 2018 compared to JPY 75 per share paid a year ago. Planned date for start of dividend payment is June 29, 2018.

The company provided dividend guidance for the second quarter of fiscal 2019 and full year ending March 31, 2019. The company expects to pay 2019 second quarter dividend of JPY 75 per share compared to JPY 75 per share paid a year ago.

The company expects year-end dividend of JPY 75 per share for the full year ending March 31, 2019 against JPY 75.00 a year ago.

For the full year of fiscal year ending March 31, 2019, the company expects net sales of JPY 90,000 million, operating income of JPY 12,000 million, recurring income of JPY 13,000 million, profit attributable to owners of the parent of the company of JPY 9,000 million or net income per share of JPY 110.87. For fiscal 2019, the company forecasts an increase in net cash provided by operating activities of JPY 21.0 billion.

The company announced the appointment of Hiroyuki Yamasaki, Director of CPA Hiroyuki Yamasaki Office as a Director of the company, effective from June 28, 2018. Hiroyuki Yamasaki is scheduled to assume the position of Outside Directors, and to be reported to Tokyo Stock Exchange as independent officers.