Honshu Chemical Industry Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the period on consolidated basis, the company reported net sales of ¥20,086 million, operating income of ¥3,207 million, ordinary income of ¥3,126 million, profit attributable to owners of parent of ¥1,723 million, earnings per share of ¥150.19 against net sales of ¥17,373 million, operating income of ¥2,047 million, ordinary income of ¥2,003 million, profit attributable to owners of parent of ¥986 million, earnings per share of ¥86.00 a year ago. Profit before income taxes was ¥3,126 million against ¥2,003 million a year ago. Rate of return on equity was 10.7% compared to 6.6% a year ago. Net assets per share were ¥1,483.19 as of March 31, 2018. Cash flows from operating activities were ¥4,334 million compared to ¥3,310 million a year ago.

For the period on non-consolidated basis, the company reported net sales of ¥16,275 million, operating income of ¥1,613 million, ordinary income of ¥1,884 million, profit attributable to owners of parent of ¥1,462 million, earnings per share of ¥127.40 against net sales of ¥13,979 million, operating income of ¥656 million, ordinary income of ¥800 million, profit attributable to owners of parent of ¥645 million, earnings per share of ¥56.28 a year ago. Net assets per share were ¥1,304.25 as of March 31, 2018.

For the year ending March 31, 2019, the company expects net sales of ¥21,500 million, operating income of ¥2,800 million, ordinary income of ¥2,700 million, profit attributable to owners of parent of ¥1,350 million, and earnings per share of ¥117.63.