A.D.Works Co.,Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of ¥18,969 million, operating income of ¥1,040 million, ordinary income of ¥748 million and net income attributable to owners of parent of ¥540 million or ¥2.51 per diluted share compared to net sales of ¥15,733 million, operating income of ¥867 million, ordinary income of ¥650 million and net income attributable to owners of parent of ¥426 million or ¥1.98 per diluted share a year ago. Cash flows used in operating activities were ¥5.128 million compared to ¥1,395 million a year ago. EBITDA was ¥1,216 million against ¥926 million a year ago. ROE was 8.5%. Net income before taxes was ¥835,015,000 compared to ¥650,658,000 a year ago. Payments for purchase of tangible fixed assets were ¥28,556,000 compared to ¥21,261,000 a year ago. Payments for purchase of intangible fixed assets were ¥30,849,000 compared to ¥19,231,000 a year ago.

The company announced dividend of ¥0.55 per share for the year ended March 31, 2017, payable on June 30, 2017.

For the year ending March 31, 2018, the company expects interim dividend of ¥1.65 per share.

For the year ending March 31, 2018, on consolidated basis, the company expects net sales of ¥20,000 million, ordinary income of ¥1,400 million, EBITDA of ¥900 million and net income of ¥580 million.