Shoei Foods Corporation reported consolidated and non-consolidated earnings results for the year ended October 31, 2018. For the year, on consolidated basis, the company reported net sales of JPY 106,594 million against JPY 103,349 million a year ago. Operating profit was JPY 4,713 million against JPY 5,417 million a year ago. Ordinary profit was JPY 4,885 million against JPY 5,462 million a year ago. Profit attributable to owners of parent was JPY 3,373 million against JPY 3,677 million a year ago. Basic earnings per share were JPY 198.56 against JPY 215.66 a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 86,540 million against JPY 83,648 million a year ago. Operating profit was JPY 2,665 million against JPY 2,666 million a year ago. Ordinary profit was JPY 2,741 million against JPY 2,764 million a year ago. Profit was JPY 1,833 million against JPY 2,180 million a year ago. Basic earnings per share were JPY 107.95 against JPY 127.85 a year ago.

The company provided consolidated earnings guidance for the six months ending April 2019 and year ending October 31, 2019. For the year ended October 31, 2019, the company expects consolidated net sales of JPY 108,000 million, operating profit of JPY 4,600 million, ordinary profit of JPY 4,750 million and profit attributable to owners of parent of JPY 3,300 million or JPY 194.25 per basic share.

For the six months ending April 2019, the company expects consolidated net sales of JPY 57,000 million, operating profit of JPY 3,000 million, ordinary profit of JPY 3,050 million and profit attributable to owners of parent of JPY 2,200 million or JPY 129.50 per basic share.