Fujita Kanko Inc. reported consolidated and non-consolidated earnings results for the full year ended December 31, 2017. For the year, the company's consolidated net sales were JPY 70,624 million, operating income of JPY 1,995 million, ordinary income of JPY 2,048 million, profit attributable to owners of parent of JPY 1,672 million, earnings per basic share of JPY 139.54, compared to net sales were JPY 68,789 million, operating income of JPY 1,712 million, ordinary income of JPY 1,698 million, profit attributable to owners of parent of JPY 858 million, earnings per basic share of JPY 71.65, a year ago. Return on equity was 6.2% compared to 3.2% a year ago. Net cash provided by operating activities was JPY 5,538 million compared to net cash used in operating activities of JPY 6,246 million a year ago. Profit before income taxes was JPY 3,171 million compared to JPY 2,151 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 8,589 million compared to JPY 9,500 million a year ago.


For the year, the company's non-consolidated net sales were JPY 51,222 million, operating income of JPY 579 million, ordinary income of JPY 933 million, profit of JPY 1,090 million, net income per basic share of JPY 90.98, compared to net sales were JPY 49,978 million, operating income of JPY 728 million, ordinary income of JPY 869 million, profit of JPY 342 million, net income per basic share of JPY 28.53, a year ago.

The company announced year-end dividend of JPY 40.00 per share for the full year ended December 31, 2017. Scheduled date of commencing dividend payments is March 29, 2018.

The company provided dividend guidance for the full year ending December 31, 2018. The company expects year-end dividend of JPY 40 per share.

The company provided consolidated earnings guidance for the first half of fiscal year 2018 and full year ending December 31, 2018. For the first half, the company is expecting net sales of JPY 34,100 million, operating loss of JPY 200 million, ordinary loss of JPY 200 million, loss attributable to owners of parent of JPY 200 million, loss per basic share of JPY 16.69.

For the full year ending December 31, 2018, the company is expecting net sales of JPY 72,000 million, operating profit of JPY 2,300 million, ordinary profit of JPY 2,300 million, profit attributable to owners of parent of JPY 1,300 million, profit per basic share of JPY 108.50.