KYORIN Holdings, Inc. announced consolidated earnings results for the full year ended March 31, 2018. For the year, the company reported net sales of JPY 110,640 million compared to JPY 115,373 million a year ago. Operating income was JPY 8,822 million compared to JPY 10,413 million a year ago. Ordinary income was JPY 9,345 million compared to JPY 10,874 million a year ago. Profit attributable to owners of parent was JPY 6,574 million or JPY 89.28 per share compared to JPY 7,305 million or JPY 99.45 per share a year ago. ROE was 4.1% compared to 4.6% a year ago. Cash flows from operating activities were JPY 10,456 million compared to JPY 16,386 million a year ago.

The company provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2019. For the first half, the company expects net sales of JPY 50,200 million, operating income of JPY 1,900 million, ordinary income of JPY 2,200 million and profit attributable to owners of parent of JPY 1,500 million or JPY 20.34 per share.

For the full year, the company expects net sales of JPY 114,400 million, operating income of JPY 8,600 million, ordinary income of JPY 9,200 million and profit attributable to owners of parent of JPY 6,600 million or JPY 89.49 per share.