MISUMI Group Inc. reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, net sales were JPY 312,969 million against JPY 259,015 million a year ago. Operating income was JPY 34,848 million against JPY 27,127 million a year ago. Ordinary income was JPY 34,679 million against JPY 26,462 million a year ago. Net income attributable to owners of parent was JPY 25,601 million against JPY 18,387 million a year ago. Diluted earnings per share were JPY 89.79 against JPY 64.70 a year ago. Return on equity was 15.1% against 12.4% a year ago. Cash flow from operating activities was JPY 24,324 million against JPY 19,508 million a year ago. Income before income taxes was JPY 34,516 million against JPY 26,071 million a year ago. Purchase of fixed assets was JPY 15,421 million against JPY 7,219 million a year ago.

For the year, on non-consolidated basis, net sales were JPY 23,986 million against JPY 16,869 million a year ago. Operating income was JPY 6,254 million against JPY 4,689 million a year ago. Ordinary income was JPY 6,648 million against JPY 5,091 million a year ago. Net income was JPY 6,422 million against JPY 5,075 million a year ago. Diluted earnings per share were JPY 22.31 against JPY 17.78 a year ago.

For the fiscal year ended March 31, 2018, the company announced a dividend of JPY 11.08 per share compare to JPY 9.10 per share paid a year ago. Scheduled date of dividend payments will be June 20, 2018.

For the first half of fiscal year ended March 31, 2019, the company expects to pay a dividend of JPY 12.53 per share compare to JPY 11.52 per share paid a year ago.

For the fiscal year ended March 31, 2019, the company expects to pay a dividend of JPY 12.62 per share compare to JPY 11.08 per share paid a year ago.

For the first half of fiscal year ended March 31, 2019, on consolidated basis, the company expects net sales of JPY 170,000 million, operating income of JPY 19,800 million, ordinary income of JPY 19,700 million and net income attributable to owners of parent of JPY 14,200 million or JPY 50.12 per basic share.

For the fiscal year ended March 31, 2019, on consolidated basis, the company expects net sales of JPY 361,000 million, operating income of JPY 39,700 million, ordinary income of JPY 39,500 million and net income attributable to owners of parent of JPY 28,500 million or JPY 100.60 per basic share.