Iino Kaiun Kaisha Ltd. reported unaudited consolidated earnings results for the year ended March 31, 2018. For the period, net sales were JPY 81,334 million against JPY 83,320 million a year ago. Operating profit was JPY 5,651 million against JPY 6,591 million a year ago. Ordinary profit was JPY 4,631 million against JPY 5,105 million a year ago. Profit before income taxes was JPY 4,609 million against JPY 3,854 million a year ago. Profit attributable to owners of parent was JPY 4,243 million or JPY 38.53 per share against JPY 3,885 million or JPY 35.01 per share a year ago. Net cash provided by operating activities was JPY 12,117 million against JPY 11,075 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 20,848 million against JPY 18,767 million a year ago. Return on equity was 6.2% against 5.8% a year ago. Net assets per share were JPY 653.29 against JPY 619.18 a year ago.

For the first half year ending September 2018, the company expects consolidated net sales of JPY 42,000 million, operating income of JPY 2,900 million, ordinary income of JPY 2,300 million, profit attributable to owners of parent of JPY 4,200 million or JPY 39.69 per share.

For the fiscal year ending March 31, 2019, the company expects consolidated net sales of JPY 84,000 million, operating income of JPY 6,200 million, ordinary income of JPY 5,000 million, profit attributable to owners of parent of JPY 6,600 million or JPY 62.38 per share.