Nihon Nohyaku Co., Ltd. reported consolidated earnings results for the six months ended March 31, 2018. For the period, the company reported net sales of JPY 36,955 million against JPY 35,489 million a year ago. Operating profit was JPY 3,732 million against JPY 3,600 million a year ago. Ordinary profit was JPY 3,955 million against JPY 3,794 million a year ago. Profit attributable to owners of parent was JPY 2,525 million against JPY 2,384 million a year ago. Earnings per share were JPY 37.79 against JPY 35.68 a year ago. Profit before income taxes was JPY 3,992 million against JPY 3,847 million a year ago. Net cash used in operating activities was JPY 7,818 million against JPY 6,780 million a year ago. Purchase of property, plant and equipment was JPY 733 million against JPY 531 million a year ago. Purchase of intangible assets was JPY 178 million against JPY 134 million a year ago.

For the year ending September 30, 2018, the company expects consolidated net sales of JPY 68,000 million, operating profit of JPY 4,400 million, ordinary profit of JPY 3,800 million and profit attributable to owners of parent of JPY 2,200 million or JPY 32.92 per share.

For the second quarter of fiscal year 2018, the company announced second quarter-end dividend of JPY 7.50 per share. Scheduled date to commence dividend payments is June 12, 2018.

The company expects fiscal year-end dividend of JPY 7.50 per share for the year ending September 30, 2018.