Nippon Valqua Industries, Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of ¥35,161 million against ¥32,034 million a year ago. Operating income was ¥4,049 million against ¥2,912 million a year ago. Ordinary income was ¥4,121 million against ¥2,806 million a year ago. Total extraordinary income was ¥29 million against ¥110 million a year ago. Profit before income taxes was ¥4,016 million against ¥2,592 million a year ago. Profit attributable to owners of parent was ¥2,758 million against ¥1,599 million a year ago. Earnings per share was ¥156.17 compared to ¥90.53 a year ago.

The company revised consolidated earnings guidance for the year ending March 31, 2018. For the period, the company expected consolidated net sales of ¥46,500 million compared to previous guidance of ¥46,000 million. Operating profit expects to be ¥5,200 million compared to previous guidance of ¥5,000 million. Ordinary profit expects to be ¥5,200 million compared to previous guidance of ¥5,000 million. Net income expects to be ¥3,400 million or ¥192.48 per share compared to previous guidance of ¥3,000 million or ¥169.83 per share.