CAC Holdings Corporation announced consolidated and non-consolidated earnings results for the fiscal year ended Dec. 31, 2017. For the period on consolidated basis, the company reported, net sales of JPY 53,268 million compared to JPY 52,521 million a year ago. Operating income was JPY 698 million compared to JPY 1,202 million a year ago. Ordinary income was JPY 717 million compared to JPY 937 million a year ago. Profit attributable to owners of parent was JPY 1,100 million compared to JPY 2,039 million a year ago. Net income per share was JPY 59.69 per share compared to JPY 105.55 per share a year ago. Return on equity was JPY 3.8% compared to 7.4% a year ago. Cash flows used in operating activities was JPY 1,014 million compared to cash flows from operating activities of JPY 892 million a year ago. Profit before income taxes was JPY 2,122 million compared to JPY 3,945 million a year ago. Purchase of property, plant and equipment was JPY 173 million compared to JPY 300 million a year ago. Purchase of intangible assets was JPY 994 million compared to JPY 650 million a year ago.

For the period on non-consolidated basis, the company reported, net sales of JPY 1,368 million compared to JPY 1,399 million a year ago. Operating income was JPY 172 million compared to JPY 219 million a year ago. Ordinary income was JPY 487 million compared to JPY 394 million a year ago. Net income was JPY 518 million compared to JPY 2,624 million a year ago. Net income per share was JPY 28.11 per share compared to JPY 135.85 per share a year ago.

For fiscal year ending December 31, 2018, the company expects consolidated net sales of JPY 54,000 million, operating income of JPY 1,600 million, ordinary income of JPY 1,500 million, profit attributable to owners of parent of JPY 1,100 million or JPY 59.67 per share.