First-corporation Inc. reports unaudited consolidated earnings results for the first quarter ended May 31, 2018. For the quarter, the company reported net sales of JPY 4,553 million against JPY 4,733 million a year ago. Operating income was JPY 465 million against JPY 410 million a year ago. Ordinary income was JPY 463 million against JPY 408 million a year ago. Net income was JPY 317 million against JPY 278 million a year ago.

The company provided earnings guidance for the first half and full year of fiscal year ending May 31, 2019. For the first half, the company expects net sales of JPY 12,924 million, Operating income of JPY 1,282 million, Ordinary income of JPY 1,270 million, Net income of JPY 871 million and net income per share of JPY 65.25.

For the full year, the company expects net sales of JPY 25,018 million, Operating income of JPY 2,418 million, Ordinary income of JPY 2,396 million, Net income of JPY 1,649 million and net income per share of JPY 123.51.