FDK Corporation announced earnings results for the year ended March 31, 2018. For the period, the company reported net sales of JPY 73,129 million compared to JPY 73,682 million a year ago. Operating profit was JPY 666 million compared to operating loss of JPY 330 million a year ago. Ordinary profit was JPY 78 million compared to ordinary loss of JPY 697 million a year ago. Loss attributable to owner of parent was JPY 630 million or JPY 11.30 per basic share compared to JPY 3,166 million or JPY 2.25 per basic share a year ago. Rate of negative return on equity was 57.6% compared to 15.4% a year ago. Net assets per share was JPY 14.00 compared JPY 15.31 a year ago. Cash flows from operating activities was JPY 327 million compared to JPY 567 million a year ago. Loss before income taxes was JPY 449 million compared to JPY 2,622 million a year ago. Purchase of property, plant and equipment was JPY 2,280 million compared to JPY 3,335 million a year ago. Purchase of intangible assets was JPY 69 million compared to JPY 93 million a year ago.

For the year ending March 31, 2019, the company expects consolidated net sales of JPY 74,000 million, operating profit of JPY 700 million, ordinary profit of JPY 200 million, and profit attributable to owners of parent JPY 100 million or JPY 0.36 per share.