Nitto Kogyo Corporation reported earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported operating profit of ¥565 million, ordinary profit of ¥584 million and profit attributable to owners of the parent of ¥141 million or ¥3.50 per basic share on net sales of ¥24,311 million against operating profit of ¥506 million, ordinary profit of ¥484 million and profit attributable to owners of the parent of ¥60 million or ¥1.49 per basic share on net sales of ¥22,875 million reported for the same period a year ago.

For the six months ending September 2018, the company expects operating profit of ¥1,800 million, ordinary profit of ¥1,800 million and profit attributable to owners of the parent of ¥900 million or ¥22.24 per basic share on net sales of ¥51,500 million.

For the year ending March 2019, the company expects operating profit of ¥7,000 million, ordinary profit of ¥6,900 million and profit attributable to owners of the parent of ¥4,200 million or ¥103.80 per basic share on net sales of ¥112,000 million.