Hogy Medical Co. Ltd. announced consolidated earnings results for the six months ended September 30, 2018. For the quarter, the company reported net sales were ¥18,238 million against ¥18,427 million a year ago. Operating income was ¥2,440 million against ¥2,829 million a year ago. Ordinary income was ¥2,480 million against ¥2,875 million a year ago. Income before income taxes was ¥6,477 million against ¥5,078 million a year ago. Profit attributable to owners of parent was ¥4,534 million against ¥3,586 million a year ago. Profit per share was ¥147.41 per share against ¥114.55 per share a year ago. Net cash provided by operating activities amounted to ¥3,148 million, down ¥334 million from the previous corresponding period. Purchase of tangible fixed assets was ¥577 million against ¥1,161 million a year ago. Purchase of intangible fixed assets was ¥204 million against ¥349 million a year ago. Net assets per share as at September 30, 2018 were ¥3,009.96.

For the full year ending March 31, 2019, the company expects net sales of ¥37,020 million, operating income of ¥3,620 million, ordinary income of ¥3,710 million, profit attributable to owners of the parent of ¥5,350 million and profit per share of ¥177.31.

The company announced a dividend of ¥16 per share for the second quarter ended September 30, 2018, start of cash dividend payments is on November 30, 2018.

The company expects dividend of ¥16 per share for the third quarter of 2018.

The company expects dividend of ¥16 per share for the fourth quarter of 2018.