Nippon Chemi-Con Corporation announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 116,311 million against JPY 118,414 million a year ago. Operating income was JPY 3,338 million against JPY 2,179 million a year ago. Ordinary income was JPY 2,002 million against JPY 1,165 million a year ago. Profit attributable to the owners of the parent was JPY 840 million against loss of JPY 6,905 million a year ago. Profit per share was JPY 5.16 against loss per share of 42.38 a year ago. Return on equity was 1.3% against negative return on equity of 9.8% a year ago. Net asset per share was JPY 387.77 against JPY 383.43 a year ago. Cash flow from operating activities was JPY 6,443 million against JPY 10,970 million a year ago.

For the six months ending September 30, 2017, the company expects net sales of JPY 61,000 million, operating income of JPY 2,600 million, ordinary income of JPY 2,400 million, profit attributable to the owners of the parent of JPY 1,900 million and profit per share of JPY 11.66.

For the year ending March 31, 2018, the company expects net sales of JPY 123,000 million, operating income of JPY 5,500 million, ordinary income of JPY 5,100 million, profit attributable to the owners of the parent of JPY 4,000 million and profit per share of JPY 24.55.

The company announced dividend of JPY 3.00 per share for the fiscal year ended March 31, 2017, payable on June 30, 2017.

The company expects dividend of JPY 3.00 per share for the fiscal year ending March 31, 2018.