Shofu Inc. reported consolidated earnings results for the six months ended of September 30, 2018. For the period, the company reported net sales of JPY 12,179 million compared to JPY 11,701 million a year ago. Operating income was JPY 784 million compared to JPY 742 million a year ago. Ordinary income was JPY 782 million compared to JPY 853 million a year ago. Net income was JPY 546 million compared to JPY 635 million a year ago. Diluted net income per share was JPY 34.12 compared to JPY 39.77 a year ago. Profit before income taxes was JPY 782 million compared to JPY 876 million a year ago.

The company announced dividend for the second quarter ended September 30, 2018. For the quarter, the company announced dividend of JPY 8.00 per share. The dividend will be payable on November 30, 2018.

For the full year ending of March 31, 2019, the company expects to pay a dividend guidance of JPY 13.00 per share.

The company revised consolidated earnings guidance for the full year ending March 31, 2019. For the full year ending of March 31, 2019, the consolidated company expected net sales of JPY 25,725 million, operating income of JPY 1,737 million, ordinary income of JPY 1,630 million, net income of JPY 1,109 million and net income per share of JPY 69.77.