Nippon Valqua Industries, Ltd. reported consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of ¥43,640 million against ¥41,120 million a year ago. Operating profit was ¥4,065 million against ¥3,123 million a year ago. Ordinary profit was ¥3,929 million against ¥3,058 million a year ago. Profit before income taxes was ¥3,767 million against ¥2,690 million a year ago. Profit attributable to owners of parent was ¥2,348 million against ¥1,752 million a year ago. Net cash provided by operating activities was ¥3,674 million against ¥3,701 million a year ago. Purchase of property, plant and equipment was ¥1,102 million against ¥1,694 million a year ago. Purchase of intangible assets was ¥186 million against ¥72 million a year ago. Earnings per share were ¥132.93 against ¥19.84 a year ago. Book-value per share was ¥1,657.08 against ¥307.38 a year ago.

The company provided consolidated earnings guidance for the fiscal year 2018. For the year, the company expects net sales of ¥45,000 million, operating income of ¥4,500 million, ordinary income of ¥4,400 million, net income of ¥2,700 million or ¥152.83 per share.