DaikyoNishikawa Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, net sales were JPY 155,643 million against JPY 160,779 million a year ago. Operating income was JPY 14,376 million against JPY 17,236 million a year ago. Ordinary income was JPY 13,865 million against JPY 16,450 million a year ago. Profit attributable to owners of the parent was JPY 10,096 million against JPY 11,576 million a year ago. Diluted net income per share was JPY 137.48 against JPY 159.69 a year ago. Cash flows from operating activities were JPY 17,628 million against JPY 29,678 million a year ago.

For the year, on non-consolidated basis, net sales were JPY 124,288 million against JPY 121,581 million a year ago. Operating income was JPY 10,710 million against JPY 13,173 million a year ago. Ordinary income was JPY 10,948 million against JPY 13,534 million a year ago. Net income was JPY 7,987 million against JPY 9,212 million a year ago. Diluted net income per share was JPY 108.77 against JPY 127.08 a year ago.

For the six months ending September 30, 2017, on consolidated basis, the company expects net sales of JPY 79,000 million, operating income of JPY 7,700 million, ordinary income of JPY 7,700 million, profit attributable to owners of the parent of JPY 5,600 million or JPY 79.04 per share.

For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 160,000 million, operating income of JPY 15,300 million, ordinary income of JPY 15,300 million, profit attributable to owners of the parent of JPY 11,000 million or JPY 155.27 per share.