Alpha Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended August 31, 2018. For the year, on consolidated basis, net sales were JPY 7,459 million against JPY 7,599 million a year ago. Operating income was JPY 177 million against JPY 254 million a year ago. Ordinary income was JPY 174 million against JPY 257 million a year ago. Net income attributable to owners of parent was JPY 108 million against JPY 170 million a year ago. Cash flow from operating activities was JPY 90 million against JPY 17 million a year ago. Net income per share was JPY 135.04 against JPY 204.86 a year ago. Return on equity was 4.2% against 6.9% a year ago. Ratio of ordinary income to total assets was 3.3% against 4.9% a year ago.

For the year, on non-consolidated basis, net sales were JPY 6,912 million against JPY 7,062 million a year ago. Operating income was JPY 170 million against JPY 243 million a year ago. Ordinary income was JPY 174 million against JPY 251 million a year ago. Net income was JPY 108 million against JPY 164 million a year ago. Net income per share was JPY 13504 against JPY 204.86 a year ago.

The company announced earnings forecast for the six month ending February 28, 2019 and full year ending August 31, 2019. For the six month ending February 28, 2019, the company expected net sales of JPY 4030 million. Operating income was expected to be JPY 200 million. Ordinary income was expected to be JPY 200 million. Net income attributable to owners of parent was expected JPY 128 million. Net income per share was expected JPY 159.15.

For the year ending August 31, 2019, net sales were expected to be JPY 7,700 million. Operating income was expected JPY 230 million. Ordinary income was expected to be JPY 230 million. Net income attributable to owners of parent was expected to be JPY 145 million. Net income per share was expected to be JPY 180.29.