ShinMaywa Industries, Ltd. reported consolidated earnings results for the full year ended March 31, 2017. For the year, the company's net sales were ¥201,204 million against ¥203,917 million a year ago. Operating income was ¥13,067 million against ¥15,260 million a year ago. Ordinary income was ¥13,244 million against ¥15,596 million a year ago. Profit attributable to owners of parent was ¥8,954 million or ¥93.17 per share against ¥10,281 million or ¥103.15 per share a year ago. Return on equity was 7.7% against 9.4% a year ago. Profit before income taxes was ¥13,145 million against ¥15,372 million a year ago. Net cash provided by operating activities were ¥14,342 million against ¥14,767 million a year ago. Purchase of property, plant and equipment was ¥5,286 million against ¥5,441 million a year ago. Purchase of intangible assets was ¥771 million against ¥941 million a year ago.

The company provided consolidated earnings guidance for the half year and full year of fiscal year ending March 31, 2018. For the half year, the company expects net sales of ¥94,700 million, operating income of ¥4,000 million, ordinary income of ¥4,100 million and profit attributable to owners of parent of ¥2,600 million or ¥27.23 per share.

For the full year, the company expects net sales of ¥200,000 million, operating income of ¥10,000 million, ordinary income of ¥10,300 million and profit attributable to owners of parent of ¥6,500 million or ¥68.09 per share.