Ohara Inc. reported consolidated and non-consolidated earnings results for the year ended October 31, 2017. For the year, on consolidated basis, net sales were JPY 24,628 million against JPY 21,329 million a year ago. Operating income was JPY 1,715 million against JPY 143 million a year ago. Ordinary profit was JPY 2,242 million against loss of JPY 84 million a year ago. Profit attributable to owners of parent was JPY 1,513 million against loss of JPY 372 million a year ago. Net income per share was JPY 62.23 against loss of JPY 15.31 a year ago. Return on equity was 3.9% against negative 0.9% a year ago. Cash flows from operating activities were JPY 1,960 million against JPY 1,447 million a year ago.

For the year, on non-consolidated basis, net sales were JPY 13,931 million against JPY 11,398 million a year ago. Operating income was JPY 84 million against loss of JPY 1,436 million a year ago. Ordinary profit was JPY 1,230 million against loss of JPY 368 million a year ago. Net income was JPY 1,817 million against loss of JPY 343 million a year ago. Net income per share was JPY 74.71 against loss of JPY 14.11 a year ago.

For the year ended October 31, 2017, the company announced annual dividend of JPY 20.00 per share against JPY 10.00 per share paid a year ago. Planned date for commencement of dividend payments will be January 26, 2018.

For the year ending October 31, 2018, the company expects to pay an annual dividend of JPY 20.00 per share against JPY 20.00 per share paid a year ago.

For the six months of fiscal year ending October 31, 2018, on consolidated basis, the company expects net sales of JPY 12,200 million, operating income of JPY 800 million, ordinary profit of JPY 950 million and profit attributable to owners of parent of JPY 750 million or JPY 30.83 per share.

For the year ending October 31, 2018, on consolidated basis, the company expects net sales of JPY 25,400 million, operating income of JPY 1,800 million, ordinary profit of JPY 2,000 million and profit attributable to owners of parent of JPY 1,600 million or JPY 65.77 per share.