Yamazen Corp. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2017. For the period, on consolidated basis, the company reported net sales of JPY 447,698 million compared to JPY 447,774 million a year ago. Operating profit was JPY 13,113 million compared to JPY 13,258 million a year ago. Ordinary profit was JPY 12,931 million compared to JPY 13,503 million a year ago. Profit before income taxes was JPY 13,005 million compared to JPY 13,659 million a year ago. Profit attributable to owners of parent was JPY 8,518 million or earnings of JPY 90.82 per share compared to JPY 9,192 million or earnings of JPY 98.01 per share a year ago. Net cash flows from operating activities was JPY 8,248 million against JPY 10,465 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 1,282 million against JPY 703 million a year ago.

For the period, on non-consolidated basis the company reported net sales of JPY 407,445 million compared to JPY 406,019 million a year ago. Operating profit was JPY 10,555 million compared to JPY 10,590 million a year ago. Ordinary profit was JPY 10,928 million compared to JPY 12,661 million a year ago. Net Profit was JPY 7,537 million or earnings of JPY 80.36 per share compared to JPY 9,374 million or earnings of JPY 99.94 per share a year ago.

The company announced year end dividend for the fiscal year ended March 31, 2017. For the period the company declared JPY 16.50 per share compared to JPY 18.00 per share a year ago. The company will pay dividend on June 5, 2017.

The company expects to pay dividend for the second quarter of March 31, 2018 of JPY 13.00 per share compared to JPY 13.50 per share a year ago.

For the year ending March 31, 2018 the company expects year end dividend to be JPY 17.00 per share compared to JPY 16.50 per share a year ago.

For the six months ending September 30, 2017, the company expected net sales of JPY 230,000 million, operating profit of JPY 6,200 million, ordinary profit of JPY 6,300 million, profit attributable to owners of the parent of the company of JPY 4,200 million or earnings of JPY 44.78 per share.

For the fiscal year ending March 31, 2018, the company expected net sales of JPY 480,000 million, operating profit of JPY 14,000 million, ordinary profit of JPY 14,300 million, profit attributable to owners of the parent of the company of JPY 9,300 million or earnings of JPY 99.15 per share.