Nippon Piston Ring Co., Ltd. reported consolidated earnings results for the third quarter ended December 31, 2018. For the period, the company reported net sales of JPY 42,690 million against JPY 42,003 million a year ago. Operating income was JPY 2,947 million against JPY 2,812 million a year ago. Profit attributable to owners of parent was JPY 1,725 million against JPY 2,121million a year ago. Diluted net income per share was JPY 208.49 against JPY 256.98 a year ago.

For the year ending March 31, 2019, the company expects net sales of JPY 56,500 million, operating income of JPY 3,400 million, ordinary income of JPY 3,300 million and profit attributable to owners of parent of JPY 1,800 million or JPY 218.86 per share.