Paltac Corporation reported non-consolidated earnings results for the first quarter ended of June 30, 2018. For the quarter, the company reported net sales of JPY 260,511 million compared to JPY 242,836 million a year ago. Operating profit was JPY 6,912 million compared to JPY 5,882 million a year ago. Ordinary profit was JPY 7,609 million compared to JPY 6,505 million a year ago. Profit was JPY 5,239 million compared to JPY 4,461 million a year ago. Earnings per share were JPY 82.46 compared to JPY 70.21 a year ago. Profit before income taxes was JPY 7,602 million compared to JPY 6,509 million a year ago. Net cash used in operating activities was JPY 9,696 million compared to JPY 5,665 million a year ago. Purchase of property, plant and equipment was JPY 3,069 million compared to JPY 6,259 million a year ago. Purchase of intangible assets was JPY 44 million compared to JPY 44 million a year ago.

The company provided earnings guidance for the six months ending of September 30, 2018 and full year ending of March 31, 2019. For the six months, the company expects net sales to be of JPY 512,000 million. Operating profit expected to be of JPY 12,800 million. Ordinary profit expected to be of JPY 14,000 million. Profit expected to be of JPY 9,500 million. Earnings per share expected to be of JPY 149.49.

For the fiscal year ending of March 31, 2019, the company expects net sales to be of JPY 1,000,000 million. Operating profit expected to be of JPY 24,500 million. Ordinary profit expected to be of JPY 27,500 million. Profit expected to be of JPY 18,500 million. Earnings per share expected to be of JPY 291.12.

The company provided dividend guidance for the second quarter of fiscal year 2019 and full year ending March 31, 2019. The company expects to pay dividend of JPY 33.00 per share for the second quarter of fiscal year 2019 compared to JPY 31.00 per share paid for the same period a year ago.

The company expects to pay year-end dividend of JPY 33.00 per share for the year ending March 31, 2019 compared to JPY 33.00 per share paid for the same period a year ago.