Nihon Nohyaku Co. Ltd. announced consolidated earnings results for the year ended September 30, 2017. For the period, the company reported net sales of JPY 60,033 million against JPY 50,641 million a year ago. Operating profit was JPY 3,496 million against JPY 4,426 million a year ago. Ordinary profit was JPY 3,597 million against JPY 3,864 million a year ago. Profit attributable to owners of the parent was JPY 1,717 million or JPY 25.70 per share against JPY 1,035 million or JPY 15.49 per share a year ago. Profit before income taxes was JPY 2,912 million against JPY 2,470 million a year ago. Net cash provided by operating activities was JPY 2,515 million against JPY 3,968 million a year ago. Purchase of property, plant and equipment was JPY 785 million against JPY 1,069 million a year ago. Purchase of intangible assets was JPY 166 million against JPY 110 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 profit of JPY 3,600 million, ordinary profit 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 profit of JPY 4,400 million, ordinary profit of JPY 3,800 million and profit attributable to owners of the parent of JPY 2,200 million or JPY 32.92 per share.

The company declared dividend of JPY 7.50 per share for the year ended September 30, 2017 compared to JPY 7.50 per share paid last year. Payable on December 20, 2017.

For the year ending September 30, 2018 the company expects to pay dividend of JPY 7.50 per share compared to JPY 7.50 per share paid last year.

For the second quarter ending March 31, 2018 the company expects to pay dividend of JPY 7.50 per share compared to JPY 7.50 per share paid last year.