Arisawa Manufacturing Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of JPY 40,909 million compared to JPY 34,451 million a year ago. Operating income was JPY 3,627 million compared to JPY 1,790 million a year ago. Ordinary income was JPY 4,044 million compared to JPY 2,690 million a year ago. Net income was JPY 3,452 million compared to JPY 2,037 million a year ago. Cash flow from operating activities was JPY 2,182 million compared to JPY 3,420 million a year ago. Return on equity was 6.8% against 4.2% a year ago. Capital expenditure was JPY 1,194 million compared to JPY 1,580 million a year ago.