NID Co. Ltd. reported consolidated earnings results for the fiscal year ended March 31, 2017. For the year, the company reported net sales of JPY 17,683.440 million compared to JPY 17,102.693 million a year ago. Operating income was JPY 1,834.154 million compared to JPY 1,544.636 million a year ago. Ordinary income was JPY 1,967.850 million compared to JPY 1,717.552 million a year ago. Profit attributable to owners of the parent was JPY 1,304.915 million compared to JPY 957.065 million a year ago. Net income per share was JPY 344.72 compared to JPY 252.82 a year ago. ROE was 13.5% compared to 11% a year ago. ROA was 13.3% compared to 12.4% a year ago. Net cash flow from operating activities was JPY 1,184.250 million compared to JPY 559.812 million a year ago. Profit before income taxes was JPY 1,939.543 million against JPY 1,611.924 million a year ago. Purchase of property, plant and equipment was JPY 51.368 million against JPY 45.290 million a year ago. Purchase of intangible assets was JPY 44.397 million against JPY 38.483 million a year ago.

The company provided consolidated earnings guidance for the second quarter of fiscal 2018 and full fiscal year ending March 31, 2018. For the second quarter, the company expects net sales of JPY 8,400 million, operating income of JPY 650 million, ordinary income of JPY 700 million, profit attributable to owners of the parent of JPY 490 million and net income per share of JPY 129.45.

For the full year ending March 31, 2018, the company expects net sales of JPY 18,000 million, operating income of JPY 1,620 million, ordinary income of JPY 1,720 million, profit attributable to owners of the parent of JPY 1,190 million and net income per share of JPY 314.37.

The company declared dividend of JPY 58.00 per share for the year 2017 against JPY 50.00 per share for the same period previous year.

The company expected to pay dividend of JPY 53.00 per share for the year 2018 against JPY 58.00 per share for the same period previous year.