IKK Inc. reported consolidated earnings results for the fiscal year ended October 31, 2017. For the period, the company reported net sales were JPY 18,172 million compared to JPY 17,911 million a year ago. Operating profit was JPY 1,821 million compared to JPY 2,176 million a year ago. Ordinary profit was JPY 1,825 million compared to JPY 2,166 million a year ago. Profit attributable to owners of parent was JPY 1,319 million compared to JPY 1,341 million a year ago. Profit before income taxes was JPY 1,805,660,000 compared to JPY 2,118,558,000 a year ago. Net income of JPY 44.90 per diluted share compared to JPY 45.56 per diluted share a year ago. Return on equity was 12.7% compared to 14.1% a year ago. Net cash provided by operating activities were JPY 1,197,514,000 compared to JPY 2,599,145,000 a year ago. Purchase of property, plant and equipment was JPY 2,280,807,000 compared to JPY 339,084,000 a year ago. Purchase of intangible assets was JPY 8,155,000 compared to JPY 5,113,000 a year ago.

For the first six months of fiscal year ending October 31, 2018, the company expects consolidated 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 JPY 11.54 per share.

For the full fiscal year ending October 31, 2018, the company expects consolidated 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 JPY 43.72 per share.

For the fiscal year ended October 31, 2017, the company announced yearend dividend of JPY 12.00 per share compared to JPY 12.00 per share paid a year ago, scheduled date of starting dividends distribution on January 31, 2018.

For the fiscal year ending October 31, 2018, the company expects to pay yearend dividend of JPY 12.00 per share.