SMS Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company's net sales were JPY 8,067 million compared to JPY 7,073 million a year ago. Operating income was JPY 1,376 million compared to JPY 1,584 million a year ago. Ordinary income was JPY 2,090 million compared to JPY 2,015 million a year ago. Profit attributable to owners of parent was JPY 1,644 million compared to JPY 1,444 million a year ago. Diluted earnings per share were JPY 18.85 compared to JPY 16.58 a year ago. Profit before income taxes was JPY 2,092 million compared to JPY 1,987 million a year ago.

The company provided earnings guidance for the six months ending September 30, 2018 and full year ending March 31, 2019. For the six months, the company expects net sales of JPY 15,688 million, operating income of JPY 1,919 million, ordinary income of JPY 2,609 million, profit attributable to owners of parent of JPY 1,852 million or JPY 21.33 per share.

For the full year, the company expects net sales of JPY 32,273 million, operating income of JPY 4,827 million, ordinary income of JPY 5,803 million, profit attributable to owners of parent of JPY 3,905 million or JPY 44.97 per share.