Mandom Corp. announced consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of ¥77,351 million against ¥75,078 million a year ago. Operating income was ¥7,617 million against ¥6,594 million a year ago. Ordinary income was ¥8,183 million against ¥7,415 million a year ago. Net income was ¥5,566 million or ¥238.10 per share against ¥6,383 million or ¥273.04 per share a year ago. Net asset value per share was ¥2,705.76 against ¥2,554.01 a year ago. Return on equity was 9.1% against 11.0% a year ago. Cash flows from operating activities were ¥9,045 million against ¥7,232 million a year ago.

For the second quarter of 2018, the company expects net sales of ¥43,000 million, operating income of ¥5,100 million, ordinary income of ¥5,400 million and net income attributable to the owners of the parent of ¥3,650 million or ¥156.13 per share.

For the year ending March 31, 2018, the company expects net sales of ¥80,000 million, operating income of ¥8,000 million, ordinary income of ¥8,500 million and net income attributable to the owners of the parent of ¥5,600 million or ¥239.55 per share.

For the year 2017, on non-consolidated basis, the company reported net sales of ¥49,604 million against ¥47,469 million a year ago. Operating income was ¥5,393 million against ¥5,095 million a year ago. Ordinary income was ¥6,151 million against ¥5,939 million a year ago. Net income was ¥4,517 million or ¥193.24 per share against ¥3,666 million or ¥156.83 per share a year ago.

For the second quarter of 2018, on non-consolidated basis, the company expects net sales of ¥28,900 million, ordinary income of ¥4,750 million and net income of ¥3,450 million or ¥147.58 per share.

For the year ending March 31, 2018, on non-consolidated basis, the company expects net sales of ¥51,000 million, ordinary income of ¥6,300 million and net income of ¥4,550 million or ¥194.63 per share.

The company announced dividend forecast of JPY 49.00 per share for the second quarter and year ending March 31, 2018 a total of JPY 98.00 per share compared to JPY 96.00 per share paid dividend a year ago.