Densan System Co., Ltd. announced consolidated and non-consolidated earnings results for the full year ended December 31, 2017. For the quarter, on consolidated basis, the company's net sales were ¥33,545 million compared with ¥30,369 million a year ago. Operating income was ¥1,297 million compared with ¥1,125 million a year ago. Ordinary income was ¥1,336 million compared with ¥1,157 million a year ago. Net income attributable to parent shareholders was ¥821 million or ¥84.13 per basic share compared with ¥732 million or ¥75.42 per basic share a year ago. Cash flow from operating activities was ¥1,285 million compared to ¥1,354 million a year ago. Net assets per share were ¥933.05 compared to ¥866.60 a year ago.

For the quarter, on non-consolidated basis, the company's net sales were ¥30,926 million compared with ¥28,496 million a year ago. Operating income was ¥1,072 million compared with ¥1,055 million a year ago. Ordinary income was ¥1,094 million compared with ¥1,083 million a year ago. Net income was ¥719 million or ¥73.66 per basic share compared with ¥691 million or ¥71.16 per basic share a year ago. Net assets per share were ¥901.53 compared to ¥844.74 a year ago.

For the six months 2018, the company forecasts net sales of ¥17,990 million, operating income of ¥523 million, ordinary income of ¥550 million, and net income attributable to parent shareholders of ¥343 million or ¥35.15 per share.

For the fiscal year ending December 31, 2018, the company forecasts net sales of ¥36,500 million, operating income of ¥1,310 million, ordinary income of ¥1,345 million, and net income attributable to parent shareholders of ¥843 million or ¥86.21 per share.