HIRANO TECSEED Co.,Ltd. reported consolidated financial results for the six months ended Sep. 30, 2017. For the six months, the company reported operating income of ¥1,503 million and net income attributable to owners of parent of ¥1,507 million or ¥70.31 per basic share on net sales of ¥11,404 million against operating income of ¥501 million and net income attributable to owners of parent of ¥349 million or ¥23.22 per basic share on net sales of ¥6,285 million for the same period of last year. Profit before income taxes was ¥1,545,734,000 against ¥514,201,000 for the same period of last year. Net cash provided by operating activities was ¥547,378,000 against ¥1,032,427,000 for the same period of last year. Purchase of property, plant and equipment was ¥128,365,000 against ¥64,853,000 for the same period of last year. Purchase of intangible assets was ¥1,899,000 against ¥32,973,000 for the same period of last year.

For the year ending Mar. 31, 2018, the company expects, operating income of ¥2,650 million and net income attributable to owners of parent of ¥1,900 million or ¥126.30 per basic share on net sales of ¥21,000 million.

For the year ending Mar. 31, 2018, the company expects to pay an year end dividend of ¥15 per share.

For the six months ended Sep. 30, 2017, the company announced a dividend of ¥13 per share. Scheduled date of commencing dividend payments is December 4, 2017.