Chiyoda Co. Ltd. announced consolidated and non-consolidated earnings results for the six months ended August 31, 2017. For the period, on consolidated basis, the company reported net sales of ¥67,238 million, operating profit of ¥4,536 million, ordinary income of ¥4,777 million, net income for the year attributable to owners of parents of ¥3,064 million or ¥82.29 per diluted share and net income before income taxes of ¥4,685 million compared to the net sales of ¥71,429 million, operating profit of ¥4,417 million, ordinary income of ¥4,650 million, net income of ¥2,553 million or ¥67.22 per diluted share and net income before income taxes of ¥4,365 million a year ago.

For the period, on non-consolidated basis, the company reported net sales of ¥50,811 million, operating income of ¥4,333 million, ordinary income of ¥4,868 million, net income of ¥3,290 million or ¥88.36 per diluted share compared to net sales of ¥53,233 million, operating income of ¥4,353 million, ordinary income of ¥4,859 million, net income of ¥2,933 million or ¥77.23 per diluted share a year ago.

The company announced dividend of ¥36 per share for the six months ended August 31, 2017 against ¥35 per share paid a year ago. Scheduled start date of dividend payment is November 2, 2017.

For the fiscal year ending February 28, 2018, the company expects year-end dividend of ¥36 per share against ¥35 per share paid a year ago.

For the fiscal year ending February 28, 2018, on consolidated basis, the company expects net sales of ¥136,000 million, operating profit of ¥8,400 million, ordinary income of ¥8,600 million, net income for the year attributable to owners of parents of ¥4,900 million and net income per share of ¥132.19.

For the fiscal year ending February 28, 2018, on non-consolidated basis, the company expects net sales of ¥100,500 million, ordinary income of ¥8,200 million, net income of ¥5,300 million and net income per share of ¥142.98.