Paltac Corporation announced non-consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 966,684 million against JPY 922,095 million a year ago. Operating income was JPY 23,006 million against JPY 19,129 million a year ago. Ordinary income was JPY 25,498 million against JPY 21,573 million a year ago. Income before income taxes was JPY 25,131 million against JPY 21,386 million a year ago. Profit was JPY 17,453 million against JPY 14,605 million a year ago. Earnings per share were JPY 274.65 per share against JPY 229.84 per share a year ago. Net cash provided by operating activities was JPY 24,107 million against JPY 24,721 million a year ago. Purchase of property, plant and equipment was JPY 16,243 million against JPY 6,658 million a year ago. Purchase of intangible assets was JPY 244 million against JPY 114 million a year ago. Earnings on equity was 10.0% against 9.1% for the same period a year ago. Ordinary profit on total assets was 6.8% against 6.0% for the same period a year ago.

The company provided earnings guidance for the first six months and fiscal year ending March 31, 2019. For the first six months, the company expects net sales of JPY 512,000 million, operating profit of JPY 12,800 million, ordinary profit of JPY 14,000 million and profit of JPY 9,500 million or JPY 149.49 per share.

For the year, the company expects net sales of JPY 1,000,000 million, operating profit of JPY 24,500 million, ordinary profit of JPY 27,500 million and profit of JPY 18,500 million or JPY 291.12 per share.