Okinawa Cellular Telephone Company reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, the company reported operating revenues of ¥63,017 million against ¥62,656 million a year ago. Operating income was ¥11,703 million against ¥11,212 million a year ago. Recurring profits was ¥11,753 million against ¥11,275 million a year ago. Net income was ¥7,999 million or ¥292.56 per share against ¥7,505 million or ¥274.49 per share a year ago. The increase in cash flows from operating activities was due to an increase in net income for the term before taxes and other adjustments, as well as a decrease in the amount of income and other taxes payable, among other factors. Profit before income taxes was ¥11,753 million against ¥11,175 million a year ago. Net cash provided by operating activities were ¥15,792 million against ¥14,350 million a year ago. Purchase of property, plant and equipment was ¥6,214 million against ¥7,075 million a year ago. Purchase of intangible assets was ¥299 million against ¥303 million a year ago.

For the year, on non-consolidated basis, the company reported operating revenues of ¥60,565 million against ¥60,066 million a year ago. Operating income was ¥11,077 million against ¥10,164 million a year ago. Recurring profits was ¥11,164 million against ¥10,343 million a year ago. Net income was ¥8,024 million or ¥293.50 per share against ¥7,237 million or ¥264.70 per share a year ago. Profit before income taxes was ¥11,164 million against ¥10,343 million a year ago.

For the year ending March 31, 2018, the company expects consolidated operating revenues of ¥63,100 million, operating income of ¥12,000 million, recurring profits of ¥12,000 million and net income attributable to parent company shareholders of ¥8,200 million or ¥299.91 per share.