Nippon Chemi-Con Corporation announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 97,197 million as compared to JPY 86,099 million for the same period last year. Operating income was JPY 4,042 million as compared to JPY 1,906 million for the same period last year. Ordinary income was JPY 3,339 million as compared to JPY 1,233 million for the same period last year. Profit attributable to owners of the parent was JPY 531 million or JPY 32.64 per share as compared to loss attributable to owners of the parent of JPY 464 million or JPY 28.50 per share for the same period last year.

The company provided consolidated earnings guidance for the year ending March 31, 2018. For the period, the company expects net sales of JPY 128,000 million, operating income of JPY 6,200 million, ordinary income of JPY 5,500 million, profit attributable to owners of the parent of JPY 2,100 million and profit per share of JPY 128.93.

The company expects to pay year-end dividend of JPY 30.00 per share for the year ending March 31, 2018 against JPY 3.00 per share for the same period a year ago. The company consolidated its shares with a ratio of ten shares of common stock into one share, on October 1, 2017. Forecast of year-end dividend per share for the year ending March 31, 2018 takes the share consolidation into account. Without taking share consolidation into account, forecast of year-end dividend per share for the year ending March 31, 2018 is JPY 3, and forecast of annual dividends per share for the year ending March 31, 2018 is JPY 3.