The Takigami Steel Construction Co., Ltd. announced consolidated earnings results for the first quarter ended June 2018. For the quarter, the company reported net sales of JPY 3,359 million against JPY 3,813 million a year ago. Operating loss was JPY 127 million against profit of JPY 188 million a year ago. Ordinary profit was JPY 58 million compared with JPY 296 million a year ago. Profit attributable to owners of parent was JPY 30 million or JPY 14.07 per basic share against JPY 232 million or JPY 106.48 per basic share a year ago.

The company provided consolidated earnings guidance for the six months ending September 2018 and full year ending March 31, 2019. For the six months, the company expects net sales of JPY 7,000 million, operating profit of JPY 50 million, ordinary profit of JPY 150 million, profit attributable to owners of parent of JPY 150 million or JPY 68.74 per basic share.

For the full year ending March 31, 2019, the company expects net sales of JPY 15,000 million, operating profit of JPY 200 million, ordinary profit of JPY 400 million, profit attributable to owners of parent of JPY 300 million or JPY 137.48 per basic share.