Tosho Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported operating income of ¥1,685 million, ordinary income of ¥1,723 million, and net income attributable to owners of parent of ¥1,002 million or ¥26.17 per share on net sales of ¥6,551 million against operating income of ¥1,288 million, ordinary income of ¥1,290 million, and net income attributable to owners of parent of ¥749 million or ¥19.56 per share on net sales of ¥5,658 million reported for the same period a year ago.

The company provided earnings guidance for the six months ending September 2018 and fiscal year ending March 31, 2019. For the six months period, the company expects operating income of ¥3,400 million, ordinary income of ¥3,400 million, and net income attributable to owners of parent of ¥2,050 million or ¥53.51 per share on net sales of ¥13,000 million.

For the year, the company expects operating income of ¥7,240 million, ordinary income of ¥7,300 million, and net income attributable to owners of parent of ¥4,200 million or ¥109.64 per share on net sales of ¥27,000 million.