Ichigo Inc. reported consolidated earnings results for the third quarter and nine months ended November 30, 2017. For the nine months, the company reported revenue of JPY 44,755 million against JPY 93,835 million a year ago. Operating profit was JPY 15,715 million against JPY 17,042 million a year ago. Recurring profit was JPY 14,461 million against JPY 15,375 million a year ago. Net income was JPY 10,945 million or JPY 21.90 per diluted share against JPY 12,837 million or JPY 25.50 per diluted share a year ago. Pre-tax net income was JPY 15,385 million against JPY 17,533 million a year ago. Net cash flow operations were JPY 8,015 million against JPY 19,390 million a year ago. Acquisition of property, plant, and equipment was JPY 2,503 million against JPY 5,604 million a year ago. Acquisition of intangible assets was JPY 75 million against JPY 1 million a year ago.

For the third quarter, the company reported revenue of JPY 11,369 million against JPY 7,844 million a year ago. Operating profit was JPY 3,065 million against JPY 2,058 million a year ago. Recurring profit was JPY 2,898 million against JPY 1,541 million a year ago. Net income was JPY 2,071 million against JPY 902 million a year ago. Pre-tax net income was JPY 2,613 million against JPY 1,513 million a year ago. Net cash flow operations were JPY 3,641 million against JPY 32,358 million a year ago. Acquisition of property, plant, and equipment was JPY 1,386 million against JPY 1,062 million a year ago. Acquisition of intangible assets was JPY 67 million.

The company provided consolidated earnings guidance for the year ending February 28, 2018. For the year ending February 28, 2018, the company expects revenue of JPY 75,500 million, operating profit of JPY 20,600 million, recurring profit of JPY 18,300 million and net income of JPY 13,500 million or JPY 26.98 per share.