Paramount Bed Holdings Co., Ltd. announced consolidated earnings results for the fiscal year ended March 31, 2017. For the year, the company announced net sales of JPY 73,198 million compared to JPY 74,089 million a year ago. Operating income of JPY 11,015 million compared to JPY 9,660 million a year ago. Ordinary income of JPY 11,788 million compared to JPY 9,830 million a year ago. Net income was JPY 9,034 million compared to JPY 6,387 million a year ago. Diluted earnings per share of JPY 294.68 compared to JPY 204.48 a year ago. Return on equity was 10.4% compared to 7.5% a year ago. Cash flows from operating activities were JPY 12,019 million compared to JPY 9,657 million a year ago.

For the six months ending September 30, 2017 the company expects net sales of JPY 34,200 million, operating income JPY 4,400 million, ordinary income JPY 4,500 million, net income JPY 3,000 million and basic earnings per share JPY 108.64.

For the fiscal year ending March 31, 2018 the company expects net sales of JPY 76,000 million, operating income JPY 11,500 million, ordinary income JPY 11,800 million, net income JPY 8,000 million and basic earnings per share JPY 289.71.