Toho Titanium Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported net sales of JPY 17,808 million against JPY 15,475 million a year ago. Operating income was JPY 1,928 million against JPY 1,062 million a year ago. Ordinary income was JPY 1,870 million against JPY 1,330 million a year ago. Income before income taxes was JPY 1,869 million against JPY 1,317 million a year ago. Profit was JPY 1,313 million against JPY 912 million a year ago. Profit attributable to owners of parent was JPY 1,312 million against JPY 908 million a year ago. Net cash provided by operating activities was JPY 2,397 million against JPY 2,889 million a year ago. Payments for purchases of property, plant and equipment was JPY 1,275 million against JPY 377 million a year ago. Net income per share was JPY 18.44 against JPY 12.77 a year ago.

For the year ending March 31, 2018, the company expects net sales of JPY 35,900 million, operating income of JPY 3,000 million, ordinary income of JPY 2,800 million, profit attributable to owners of parent of JPY 2,600 million and net income per share of JPY 36.53.
For the year ending March 31, 2018, the company expects to pay dividend of JPY 7.00 per share.