Nihon Nohyaku Co. Ltd. announced consolidated earnings results for the first quarter ended December 31, 2017. For the quarter, the company reported net sales of JPY 11,468 million against JPY 12,817 million a year ago. Operating loss was JPY 404 million against JPY 388 million a year ago. Ordinary loss was JPY 237 million against JPY 216 million a year ago. Loss attributable to owners of the parent was JPY 223 million or JPY 3.34 per share against JPY 581 million or JPY 8.70 per share a year ago. Loss before income taxes was JPY 289 million against JPY 218 million a year ago.

For the six months ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 39,500 million, operating income of JPY 3,600 million, ordinary income of JPY 3,400 million and profit attributable to owners of the parent of JPY 2,400 million or JPY 35.91 per share.

For the year ending September 30, 2018, on consolidated basis, the company expects net sales of JPY 68,000 million, operating income of JPY 4,400 million, ordinary income of JPY 3,800 million and profit attributable to owners of the parent of JPY 2,200 million or JPY 32.92 per share.