IKK Inc. reported consolidated earnings results for the first quarter ended Jan. 31, 2018. For the quarter, net sales were JPY 4,139 million against JPY 4,211 million a year ago. Operating profit was JPY 55 million against JPY 380 million a year ago. Ordinary profit was JPY 62 million against JPY 380 million a year ago. Profit attributable to owners of parent was JPY 31 million against JPY 253 million a year ago. Net income per share was JPY 1.07 against JPY 8.60 a year ago. Profit before income taxes was JPY 52,873,000 against JPY 380,684,000 a year ago.

For the first half of the fiscal year ending October 31, 2018, the company expects to report, net sales of JPY 9,180 million, operating profit of JPY 525 million, ordinary profit of JPY 525 million and profit attributable to owners of parent of JPY 340 million or net income per share of JPY 11.54.

For the full year ending October 31, 2018, the company expects to report, net sales of JPY 20,005 million, operating profit of JPY 2,005 million, ordinary profit of JPY 2,010 million and profit attributable to owners of parent of JPY 1,290 million or net income per share of JPY 43.72.