Paltac Corporation announced non-consolidated financial results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 922,095 million against JPY 860,350 million for the same period a year ago. Operating income was JPY 19,129 million against JPY 16,101 million for the same period a year ago. Ordinary income was JPY 21,573 million against JPY 18,556 million for the same period a year ago. Income before income taxes was JPY 21,386 million against JPY 17,355 million for the same period a year ago. Profit was JPY 14,605 million against JPY 11,929 million for the same period a year ago. Earnings per share were JPY 229.84 per share against JPY 187.73 per share for the same period a year ago. Earnings on equity were 9.1% against 8.0% for the same period a year ago. Ordinary income on total assets was 6.0% against 5.5% for the same period a year ago. Net cash provided by operating activities was JPY 24,721 million against JPY 5,226 million for the same period a year ago. Purchase of property, plant and equipment was JPY 6,658 million against JPY 15,556 million for the same period a year ago. Purchase of intangible assets was JPY 114 million against JPY 90 million for the same period a year ago.

For the first six month of the fiscal year ending March 31, 2018, net sales are expected to be JPY 490,000 million. Operating income is expected to be JPY 11,000 million. Ordinary income is expected to be JPY 12,000 million. Profit is expected to be JPY 8,200 million. Earnings per share are expected to be JPY 129.04 per share.

For the full fiscal year ending March 31, 2018, net sales are expected to be JPY 960,000 million. Operating income is expected to be JPY 20,500 million. Ordinary income is expected to be JPY 23,000 million. Profit is expected to be JPY 15,500 million. Earnings per share are expected to be JPY 243.91 per share.