Axial Retailing Inc. reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, the company's consolidated net sales were ¥228,899 million against ¥223,709 million last year. Operating income was ¥9,053 million against ¥8,543 million last year. Ordinary income was ¥9,185 million against ¥8,634 million last year. Profit attributable to owners of parent was ¥5,784 million or ¥247.80 per share against ¥4,664 million or ¥199.84 per share last year. Rate of return on equity was 12.2% against 10.7% last year. Cash flows from operating activities was ¥10,083 million against ¥10,079 million a year ago.

For the year, the company's and non-consolidated net sales were ¥2,317 million against ¥2,068 million last year. Operating income was ¥1,520 million against ¥1,309 million last year. Ordinary income was ¥1,542 million against ¥1,343 million last year. Profit was ¥1,473 million or ¥63.11 per share against ¥1,247 million or ¥53.45 per share last year.

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, and profit attributable to owners of parent of ¥5,800 million or ¥248.47 per basic share.

For the half year ending Sept. 2017, the company expects net sales of ¥115,000 million, operating income of ¥4,600 million, ordinary income of ¥4,600 million, and profit attributable to owners of parent of ¥3,000 million or ¥128.52 per basic share.

The company also declared year end dividend of ¥48.00 per share for the year ended March 31, 2017 against ¥43.00 per share for the same period a year ago, payable on June 26, 2017.

The company expects to pay dividend of ¥68.00 per share for the year ending March 31, 2018.