Mipox Corporation announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 7,826,382,000 compared to JPY 6,410,539,000 a year ago. Operating income was JPY 386,804,000 compared to JPY 223,284,000 a year ago. Ordinary income was JPY 327,270,000 compared to JPY 149,125,000 a year ago. Profit before income taxes was JPY 302,972,000 compared to loss of JPY 34,562,000 a year ago. Profit attributable to owners of parent was JPY 265,063,000 compared to loss of JPY 147,036,000 or a year ago. Net cash provided by operating activities was JPY 510,074,000 compared to JPY 555,441,000 a year ago. Purchase of property, plant and equipment was JPY 583,021,000 compared to JPY 550,344,000 a year ago. Purchase of intangible assets was JPY 89,240,000 compared to JPY 74,331,000 a year ago.

For the full year ending March 31, 2019, the company expects net sales of JPY 8,400 million, operating income of JPY 417 million, ordinary income of JPY 429 million and net income of JPY 346 million or JPY 32.97 per share.