Arisawa Mfg. Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, net sales were JPY 19,307 million against JPY 16,984 million a year ago. Operating income was JPY 1,586 million against JPY 539 million a year ago. Ordinary income was JPY 2,179 million against JPY 689 million a year ago. Profit attributable to owners of the parent was JPY 1,557 million against JPY 527 million a year ago. Fully diluted net income per share was JPY 43.24 against JPY 14.79 a year ago. Net cash provided by operating activities was JPY 102.420 million against JPY 1,864.538 million a year ago. Purchase of property, plant and equipment was JPY 949.181 million against JPY 693.448 million a year ago. Purchase of intangible assets was JPY 7.396 million against JPY 10.327 million a year ago.

For the year ending March 31, 2018, on consolidated basis, the company now expects net sales of JPY 39,300 million compared to previous guidance of JPY 37,900 million; operating income of JPY 3,400 million compared to previous guidance of JPY 2,650 million; ordinary income of JPY 4,100 million compared to previous guidance of JPY 3,550 million; profit attributable to owners of the parent of JPY 2,900 million compared to previous guidance of JPY 2,650 million; and net income per share of JPY 80.90 compared to previous guidance of JPY 74.09.