Axial Retailing Inc. reported consolidated earnings results for the second quarter ended September 30, 2017. For the quarter, the company reported net sales of ¥115,790 million against ¥113,705 million a year ago. Operating income was ¥4,364 million against ¥4,806 million a year ago. Ordinary income was ¥4,426 million against ¥4,873 million a year ago. Profit attributable to owners of parent was ¥2,901 million against ¥3,207 million a year ago. Basic earnings per share were ¥124.31 against ¥137.40 per share a year ago.

For the year ending March 31, 2018, the company expects net sales of ¥231,000 million, operating income of ¥9,300 million, ordinary income of ¥9,300 million, profit attributable to owners of parent of ¥5,800 million or ¥248.47 per share.

For the second quarter, the company announced dividend of ¥20.00 per share against ¥20.00 per share a year ago. The dividend will be payable on December 6, 2017.

For the year, the company expects dividend of ¥48.00 per share against ¥48.00 per share a year ago.