Nippon Flour Mills Co. Ltd. announced consolidated and non- consolidated earnings results for the year ended March 31, 2017. For the year on consolidated basis, the company's net sales were ¥112,962 million compared with ¥121,044 million a year ago. Operating income was ¥4,352 million compared with ¥1,892 million a year ago. Ordinary income was ¥2,849 million compared with ¥524 million a year ago. Profit attributable to owners of parent was ¥2,349 million compared with ¥821 million a year ago. Basic earnings per share were ¥15.19 compared with ¥5.31 a year ago. Return on equity was 6.6% compared with 2.4% a year ago. Cash flows from operating activities was ¥8,361 million compared with ¥6,770 million a year ago.

For the year on non- consolidated basis, the company's net sales were ¥88,355 million compared with ¥95,890 million a year ago. Operating income was ¥2,329 million compared with ¥695 million a year ago. Ordinary income was ¥1,552 million compared with ¥101 million a year ago. Profit was ¥1,469 million compared with ¥845 million a year ago. Basic earnings per share were ¥9.49 compared with ¥5.46 a year ago.

For the first half of fiscal 2018 on consolidated basis the company forecasts net sales of ¥61,000 million, operating income of ¥3,200 million, ordinary income of ¥2,600 million and profit attributable to owners of parent of ¥2,100 million. Basic earnings per share were ¥13.58.

For the full year of fiscal 2018 on consolidated basis, the company forecasts net sales of ¥124,000 million, operating income of ¥5,700 million, ordinary income of ¥4,500 million and profit attributable to owners of parent of ¥3,600 million. Basic earnings per share were ¥23.28.

For the first half of fiscal 2018 on non- consolidated basis company forecasts net sales of ¥51,000 million, ordinary income of ¥2,100 million and profit of ¥1,800 million. Basic earnings per share were ¥11.64.

For the full year of fiscal 2018 on non- consolidated basis company forecasts net sales of ¥104,000 million, ordinary income of ¥3,400 million and profit of ¥2,900 million. Basic earnings per share were ¥18.75.

The company announced dividend for the year ended March 31, 2017 of ¥2.50 per share payable on June 29, 2017 compared to ¥1.50 per share a year ago.

The company provides dividend guidance for the second quarter of fiscal 2018 of ¥2.50 per share.

The company provides dividend guidance for the year end of fiscal 2018 of ¥2.50 per share compared to ¥2.50 per share a year ago.