Hodogaya Chemical Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2018. For the period, the company reported net sales of JPY 38,693 million as compared to JPY 34,739 million a year ago. Operating profit was JPY 3,903 million as compared to JPY 2,129 million a year ago. Ordinary profit was JPY 4,169 million as compared to JPY 2,094 million a year ago. Profit before income taxes was JPY 3,731 million as compared to JPY 2,115 million a year ago. Profit attributable to owners of parent was JPY 2,862 million as compared to JPY 1,951 million a year ago. Earnings per share were JPY 362.29 as compared to JPY 246.86 a year ago. Net cash provided by operating activities was JPY 4,215 million as compared to JPY 3,100 million a year ago. Purchase of property, plant and equipment and tangible assets was JPY 1,017 million as compare to JPY 635 million a year ago.

The company also provided earnings guidance for the full year ending March 31, 2019. For the period, the company expects net sales of JPY 37,000 million, operating profit of JPY 2,300 million, ordinary profit of JPY 2,300 million, profit attributable to owners of parent of JPY 1,100 million and earnings per share of JPY 139.22.