Tomoegawa Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2018. For the period, the company reported revenues of JPY 34,374 million compared with JPY 32,379 million for the same period a year ago. Operating income was JPY 984 million compared with JPY 863 million for the same period a year ago. Ordinary income was JPY 1,107 million compared with JPY 465 million for the same period a year ago. Net income attributable to owners of the parent was JPY 418 million or JPY 8.21 per share compared with JPY 252 million or JPY 4.96 per share for the same period a year ago

The company provided earnings guidance for the first half and full year of 2019. For the first half, the company expects to report revenues of JPY 17,000 million, operating income of JPY 400 million, ordinary income of JPY 350 million and net income attributable to owners of the parent of JPY 100 million or JPY 1.96 per share.

For the full year, the company expects to report revenues of JPY 33,000 million, operating income of JPY 1,000 million, ordinary income of JPY 950 million and net income attributable to owners of the parent of JPY 300 million or JPY 5.89 per share.