SMS Co. Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, net sales were JPY 23,054 million against JPY 19,069 million a year ago. Operating income was JPY 3,646 million against JPY 2,756 million a year ago. Ordinary profit was JPY 4,430 million against JPY 3,509 million a year ago. Profit attributable to owners of the parent was JPY 2,801 million against JPY 2,265 million a year ago. Diluted earnings per share was JPY 67.28 against JPY 55.69 a year ago. Net assets per share was JPY 394.76 against JPY 211.03 a year ago. Cash flow from operating activities was JPY 3,919 million against JPY 2,244 million a year ago. Profit before income taxes was JPY 4,294,810,000 against JPY 3,576,161,000 a year ago. Net cash provided by operating activities was JPY 3,919,932,000 against JPY 2,244,486,000 a year ago. Purchase of property, plant and equipment was JPY 67,157,000 against JPY 129,952,000 a year ago. Purchase of intangible assets was JPY 815,185,000 against JPY 772,738,000 a year ago.

The company announced a dividend of JPY 11.00 per share for the year ended March 31, 2017 against JPY 7.00 per share paid a year ago. This dividend is payable on June 23, 2017.

The company provided consolidated earnings guidance for the six months ending September 30, 2017 and full year ending March 31, 2018. For the six months ending September 30, 2017, the company expects net sales of JPY 13,484 million, operating income of JPY 2,311 million, ordinary income of JPY 2,793 million, profit attributable to owners of the parent of JPY 2,009 million or net income per share of JPY 48.42.

For the year ending March 31, 2018, the company expects net sales of JPY 27,804 million, operating income of JPY 4,378 million, ordinary income of JPY 5,137 million, profit attributable to owners of the parent of JPY 3,396 million or net income per share of JPY 81.85.