Koito Manufacturing Co. Ltd. reported consolidated and non-consolidated earnings results for the full year ended March 31, 2018. For the year, on consolidated basis, reported net sales were JPY 848,868 million against JPY 841,456 million a year ago. Operating income was JPY 103,785 million against JPY 92,523 million a year ago. Recurring profit was JPY 107,945 million against JPY 95,336 million a year ago. Profit attributable to owners of parent was JPY 83,397 million against JPY 56,692 million a year ago. Diluted net income per share was JPY 518.72 compared to JPY 352.66 per share a year ago. Cash flows provided by operating activities were JPY 94,793 million against JPY 98,388 million a year ago. Return on equity was 22.4% against 18.2% a year ago. Income before income taxes was JPY 123,712 million compared to JPY 91,614 million a year ago. Acquisition of property and equipment was JPY 41,116 million compared to JPY 39,375 million a year ago.

For the year, on non-consolidated basis, net sales were JPY 339,976 million against JPY 297,786 million a year ago. Operating income was JPY 37,599 million against JPY 29,260 million a year ago. Recurring profit was JPY 55,791 million against JPY 45,729 million a year ago. Net income was JPY 62,228 million against JPY 31,102 million a year ago. Net income diluted of JPY 387.05 per share against JPY 193.48 per share a year ago. Income before income taxes was JPY 80,149 million compared to JPY 42,307 million a year ago.

For the full year ending March 31, 2019, on consolidated basis, the company expects net sales of JPY 795,000 million, operating income of JPY 98,000 million, recurring profit of JPY 100,000 million, profit attributable to owners of parent of JPY 66,000 million or net income per share of JPY 410.62.

For the half year of fiscal 2019, on consolidated basis, the company expects to report net sales of JPY 377,000 million, operating income of JPY 44,000 million, recurring profit of JPY 45,000 million, profit attributable to owners of parent of JPY 28,000 million or net income per share of JPY 174.20.

For the half year of fiscal 2019, on non-consolidated basis, the company expects to report net sales of JPY 167,000 million, operating income of JPY 16,000 million and recurring profit of JPY 26,000 million, net income of JPY 18,000 million or net income per share of JPY 111.99.

For the full year ending March 31, 2019 on non-consolidated basis, the company expects to report net sales of JPY 356,000 million, operating income of JPY 36,000 million, and recurring profit of JPY 52,000 million, net income of JPY 37,000 million or net income per share of JPY 230.20.