Noritake Co. Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 56,911 million compared with JPY 53,421 million for the same period a year ago. Operating income was JPY 2,223 million compared with JPY 1,103 million for the same period a year ago. Ordinary income was JPY 3,158 million compared with JPY 1,846 million for the same period a year ago. Profit attributable to owners of parent was JPY 2,478 million or JPY 172.64 per share compared with JPY 965 million or JPY 67.26 per share for the same period a year ago. Profit before income taxes was JPY 3,236 million compared with JPY 1,570 million for the same period a year ago. Net cash flow from operating activity JPY 3,630 million compared to JPY 5,588 million a year ago. Purchase of property, plant and equipment and intangible assets were JPY 2,537 million compared to JPY 1,855 million a year ago.

The company provided earnings guidance for the full year of 2018. For the full year, the company expects to report net sales of JPY 114,000 million, operating income of JPY 4,000 million, ordinary income of JPY 5,600 million and profit attributable to owners of parent of JPY 15,000 million or JPY 1,044.57 per share.