Nippon Valqua Industries, Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of ¥47,592 million against ¥43,640 million a year ago. Operating profit was ¥5,374 million against ¥4,065 million a year ago. Ordinary profit was ¥5,466 million against ¥3,929 million a year ago. Profit before income taxes was ¥5,417 million against ¥3,767 million a year ago. Profit attributable to owners of parent was ¥3,833 million against ¥2,348 million a year ago. Net cash provided by operating activities was ¥3,899 million against ¥3,674 million a year ago. Purchase of property, plant and equipment was ¥1,803 million against ¥1,102 million a year ago. Purchase of intangible assets was ¥117 million against ¥186 million a year ago. Earnings per share were ¥217.01 against ¥132.93 a year ago. Book-value per share was ¥1,870.47 against ¥1,657.08 a year ago.

The company provided consolidated earnings guidance for the six months and full year of fiscal year ending March 31, 2019. For the six months, the company expects net sales of ¥25,000 million, operating profit of ¥2,900 million, ordinary profit of ¥2,900 million and profit attributable to owners of parent of ¥2,000 million or ¥113.23 per share.

For the year, the company expects net sales of ¥49,700 million, operating profit of ¥5,700 million, ordinary profit of ¥5,700 million and profit attributable to owners of parent of ¥4,000 million or ¥226.45 per share.

The company announced dividend of ¥45 per share for the year ended March 31, 2018.

For the six months of fiscal year ending March 31, 2019, the company expects dividend of ¥45 per share.

For the full year of fiscal year ending March 31, 2019, the company expects year-end dividend of ¥50 per share.