Nihon Seiko Co., Ltd. announced unaudited consolidated earnings results for the second quarter ended September 30, 2017. For the quarter, the company reported net sales of JPY 7,347 million against JPY 5,357 million a year ago. Operating income was JPY 828 million against JPY 385 million a year ago. Ordinary income was JPY 818 million against JPY 335 million a year ago. Profit attributable to owners of parent was JPY 585 million against JPY 232 million a year ago. EPS was JPY 239.89 against JPY 95.04 a year ago. Profit before income taxes was JPY 846,158,000 against JPY 338,285,000 a year ago.

For the full year ending March 31, 2018, the company expects net sales of JPY 14,000 million, operating income of JPY 1,330 million, ordinary income of JPY 1,310 million, profit attributable to the parent of JPY 920 million or JPY 376.82.

For the second quarter, the company declared dividend of JPY 7.50 against JPY 5.00 per share paid a year ago.

For the year-ending March 31, 2018, the company expects to pay JPY 37.50 against JPY 5.00 per share paid a year ago.