Ichikawa Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018
May 14, 2018
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Ichikawa Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 12,417,275,000 compared to JPY 11,696,091,000 a year ago. Operating income was JPY 592,550,000 compared to JPY 362,529,000 a year ago. Ordinary profit was JPY 675,562,000 compared to JPY 381,886,000 a year ago. Income before income taxes was JPY 629,333,000 compared to JPY 381,886,000 a year ago. Profit attributable to owners of parent was JPY 344,701,000 compared to JPY 235,764,000 a year ago. Net cash provided by operating activities was JPY 284,024,000 compared to JPY 1,757,000 a year ago. Purchase of intangible assets was JPY 22,242,000 against JPY 12,505,000 a year ago.
ICHIKAWA CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of paper making products and industrial products. The Company operates through five business segments. The Paper Making Product (Japan, the Americans, Europe, and China) segment is mainly engaged in the manufacture and sale of paper making felts, paper making belts and slate felts. The Company distributes its products within the domestic market and to overseas markets, including the Americas, Europe and China. The Industrial Product segment is mainly engaged in the manufacture and sale of industrial felts and related industrial products. The Company is also engaged in the warehouse business.
ICHIKAWA CO., LTD. 
