Shimachu Co., Ltd. announced non-consolidated earnings results for the fiscal year ended August 31, 2017. For the year, the company reported net sales of ¥141,167 million against ¥149,987 million a year ago. Operating profit was ¥7,595 million against ¥10,254 million a year ago. Ordinary profit was ¥10,766 million against ¥12,718 million a year ago. Profit before income taxes was ¥9,278 million against ¥13,594 million a year ago. Profit was ¥6,277 million or ¥132.49 per share against ¥8,926 million or ¥184.23 per share a year ago. Net cash provided by operating activities was ¥9,864 million against ¥11,986 million a year ago. Purchase of property, plant and equipment was ¥2,925 million against ¥6,767 million a year ago. Purchase of intangible assets was ¥71 million against ¥75 million a year ago.

The company provided non-consolidated earnings guidance for the six months ending February 28, 2018 and full year ending August 31, 2018. For the six months, the company expects operating revenue of ¥73,043 million, operating profit of ¥4,869 million, ordinary profit of ¥5,180 million and profit of ¥3,590 million or ¥75.78 per share.

For the year, the company expects operating revenue of ¥147,338 million, operating profit of ¥10,319 million, ordinary profit of ¥10,852 million and profit of ¥7,522 million or ¥158.75 per share.