Daikyo Incorporated reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the quarter, on consolidated basis, net sales were JPY 335,184 million against JPY 325,360 million a year ago. Operating income was JPY 20,174 million against JPY 20,523 million a year ago. Ordinary income was JPY 19,789 million against JPY 19,967 million a year ago. Profit attributable to owners of parent was JPY 13,851 million against JPY 14,044 million a year ago. Fully diluted net income per share was JPY 164.03 against JPY 164.95 a year ago. Return on equity was 7.7% against 8.2% a year ago. Cash flow from operating activities was JPY 15,342 million against JPY 15,229 million a year ago.

For the quarter, on non-consolidated basis, net sales were JPY 63,950 million against JPY 67,992 million a year ago. Operating income was JPY 1,598 million against JPY 2,879 million a year ago. Ordinary income was JPY 11,733 million against JPY 8,653 million a year ago. Profit was JPY 12,092 million against JPY 8,291 million a year ago. Fully diluted net income per share was JPY 143.20 against JPY 97.38 a year ago.

For the fiscal year ending March 31, 2019, on consolidated basis, the company expects net sales of JPY 365,000 million, operating income of JPY 22,000 million, ordinary income of JPY 20,500 million, profit attributable to owners of parent of JPY 14,000 million and net income per share of JPY 171.78.

For the fiscal year ending March 31, 2019, on non-consolidated basis, the company expects net sales of JPY 65,000 million, ordinary income of JPY 11,500 million, net income of JPY 11,500 million and net income per share of JPY 140.94.