Toho Titanium Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 27,642 million against JPY 23,729 million a year ago. Operating income was JPY 3,337 million against JPY 2,956 million a year ago. Ordinary income was JPY 3,312 million against JPY 3,275 million a year ago. Profit attributable to owners of parent was JPY 2,313 million or JPY 32.50 per basic share against JPY 2,253 million or JPY 31.67 per basic share a year ago. Profit before income taxes was JPY 3,308 million against JPY 3,220 million a year ago.

The company revised consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of JPY 37,400 million, operating income of JPY 3,700 million, ordinary income of JPY 3,400 million and profit attributable to owners of parent of JPY 3,300 million or JPY 46.37 per share.

The company provided dividend guidance for the year ending March 31, 2018. For the year, the company expects to pay year-end dividend of JPY 7 per share compared to JPY 7 per share paid for the same period a year ago.