Toshiba Machine Co., Ltd. announced consolidated earnings results for the year ended March 31, 2018. For the quarter, the company reported net sales of JPY 116,862 million as compared to JPY 111,327 million a year ago. Operating income was JPY 4,640 million as compared to JPY 4,473 million a year ago. Ordinary profit was JPY 6,982 million as compared to JPY 5,406 million a year ago. Profit attributable to owners of parent was JPY 5,016 million as compared to JPY 1,776 million a year ago. Earnings per share were JPY 41.57 as compared to JPY 11.87 a year ago. Profit before income taxes was JPY 6,860 million against JPY 3,523 million a year ago. Net cash provided by operating activities was JPY 6,813 million as compared to JPY 9,948 million a year ago. Purchase of property, plant and equipment was JPY 3,221 million as compared to JPY 2,322 million a year ago. Purchase of intangible assets was JPY 214 million as compared to JPY 195 million a year ago.

For the year ending March 31, 2019, the company expects net sales of JPY 135,000 million, operating profit of JPY 6,900 million, ordinary profit of JPY 7,700 million, profit attributable to owners of parent of JPY 5,700 million and earning share of JPY 47.23.

For the six months ending September 30, 2018, the company expects net sales of JPY 66,000 million, operating profit of JPY 2,800 million, ordinary profit of JPY 3,100 million, profit attributable to owners of parent of JPY 2,400 million and earning share of JPY 19.89.