HASEKO Corporation announces consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, the company reported net sales of JPY 772.3 billion against JPY 787.4 billion a year ago. Operating income was JPY 89 billion against JPY 68.8 billion a year ago. Ordinary income was JPY 88.8 billion against JPY 67.3 billion a year ago. Profit attributable to the owners of the parent was JPY 58.8 billion against JPY 51.2 billion a year ago. Net cash provided by operating activities was JPY 109.5 billion against JPY 65.6 billion a year ago. Purchase of property, plant, equipment and intangible assets was JPY 24.1 billion against JPY 18.9 billion a year ago. Return on equity was 27.8% against 31.2% a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 534.9 billion against JPY 560.9 billion a year ago. Operating income was JPY 76.2 billion against JPY 66.4 billion a year ago. Ordinary income was JPY 76 billion against JPY 65.4 billion a year ago. Income before income taxes was JPY 77.2 billion against JPY 64.4 billion a year ago. Net income was JPY 56.5 billion against JPY 51.1 billion a year ago.

For the year 2018, on consolidated and interim basis, the company expects net sales to be JPY 385 billion, operating income of JPY 40 billion ordinary income of JPY 40 billion and profit attributable to the owners of the parent of JPY 29 billion.

For the year 2018, on consolidated and annual basis, the company expects net sales to be JPY 800 billion, operating income of JPY 92 billion ordinary income of JPY 91 billion and profit attributable to the owners of the parent of JPY 63 billion.

For the year 2018, on non-consolidated and interim basis, the company expects net sales to be JPY 280 billion, operating income of JPY 37 billion ordinary income of JPY 37 billion income before income taxes of JPY 37 billion and net income of JPY 26 billion.

For the year 2018, on non-consolidated and annual basis, the company expects net sales to be JPY 560 billion, operating income of JPY 78.5 billion ordinary income of JPY 78 billion income before income taxes of JPY 78 billion and net income of JPY 53 billion.