Watabe Wedding Corporation announced consolidated earnings results for the year ended March 31, 2017. For the period, the company reported net sales of JPY 43,908 million as compared to JPY 43,882 million for the same period last year. Operating profit was JPY 1,000 million as compared to JPY 146 million for the same period last year. Ordinary profit was JPY 674 million as compared to JPY 208 million for the same period last year. Profit attributable to owners of parent was JPY 123 million as compared to JPY 46 million for the same period last year. Earnings per share was JPY 12.47 as compared to JPY 4.74 million for the same period last year. Cash flows from operating activities was JPY 2,239 million as compared to JPY 1,679 million for the same period last year. Purchase of property, plant and equipment was JPY 815 million as compared to JPY 1,759 million for the same period last year. Purchase of intangible assets was JPY 171 million as compared to JPY 119 million for the same period last year.

For the year ending March 31, 2018, the company forecasted net sales to be JPY 45,000 million, operating profit to be JPY 100 million, ordinary profit to be JPY 200 million, profit attributable to owners of parent to be JPY 100 million, and earnings per share to be JPY 10.09.