T.RAD Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, reported net sales of JPY 124,490 million compared to JPY 107,608 million a year ago. Operating income was JPY 5,792 million compared to JPY 3,216 million a year ago. Ordinary income was JPY 6,445 million compared to JPY 3,544 million a year ago. Profit attributable to owners of parent was JPY 3,691 million or JPY 463.77 per share compared to JPY 2,022 million or JPY 252.74 per share a year ago. Return on shareholders' equity was 8.6% compared to 4.9% a year ago. Income before income taxes was JPY 5,567 million compared to JPY 2,817 million a year ago. Cash flows from operating activities were JPY 9,202 million compared to JPY 6,693 million a year ago. Purchase of tangible fixed assets was JPY 5,352 million compared to JPY 6,099 million a year ago.

For the year, on non-consolidated basis, reported net sales of JPY 63,522 million compared to JPY 56,834 million a year ago. Operating income was JPY 605 million compared to JPY 790 million a year ago. Ordinary income was JPY 4,025 million compared to JPY 2,856 million a year ago. Net income was JPY 2,711 million or JPY 340.65 per share compared to JPY 1,904 million or JPY 238.02 per share a year ago. Income before income taxes was JPY 2,788 million compared to JPY 2,122 million a year ago.

The company provided consolidated non-consolidated earnings guidance for the six months ending September 30, 2018 and year ending March 31, 2019. For the six months ending September 30, 2018, on consolidated basis, the company expects net sales of JPY 67,400 million, operating income of JPY 3,000 million, ordinary income of JPY 3,000 million and profit attributable to owners of parent of JPY 1,900 million or JPY 238.70 per share.

For the year ending March 31, 2019, on consolidated basis the company expects net sales of JPY 136,500 million, operating income of JPY 6,100 million, ordinary income of JPY 6,200 million and profit attributable to owners of parent of JPY 2,700 million or JPY 339.20 per share.

For the six months ending September 30, 2018, on non-consolidated basis, the company expects net sales of JPY 32,200 million, operating income of JPY 200 million, ordinary income of JPY 1,500 million and net income of JPY 1,200 million or JPY 150.76 per share.

For the year ending March 31, 2019, on non-consolidated basis, the company expects net sales of JPY 65,800 million, operating income of JPY 500 million, ordinary income of JPY 3,000 million and net income of JPY 400 million or JPY 50.25 per share.