Watami Co., Ltd. announced a year end dividend of ¥7.50 per share for the year ended March 2018. Dividend payable date is June 19, 2018.

The company expects to pay year end dividend of ¥5 per share for the year ending March 2019.

Watami Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended March 2018. For the year, the company reported net sales of ¥96,458 million, operating profit of ¥656 million, ordinary profit of ¥1,636 million, profit attributable to owners of parent of ¥150 million or ¥3.86 basic per share, cash flows from operating activities of ¥5,221 million compared to the net sales of ¥100,312 million, operating profit of ¥182 million, ordinary profit of ¥717 million, loss attributable to owners of parent of ¥1,833 million or ¥46.89 basic per share, cash flows from operating activities of ¥3,042 million for the previous year. Return on equity was 0.9% compared to negative rate of return on equity of 10.3% for the previous year. Net assets per share was ¥413.16 compared to ¥424.59 for the previous year.

For the year non-consolidated basis, net sales were ¥85,978 million compared to ¥83,341 million a year ago. Operating profit was ¥691 million compared to ¥369 million a year ago. Ordinary profit was ¥1,448 million compared to ¥477 million a year ago. Profit was ¥59 million compared to loss of ¥1,180 million a year ago. Basic earnings per share were ¥1.51 compared to loss of ¥30.19 a year ago.

For half year period ending September 2018, the company forecast net sales of ¥44,600 million, operating loss of ¥500 million, ordinary loss of ¥400 million, loss attributable to owners of parent of ¥700 million or ¥-17.90 basic per share.

For full year ending March 2019, the company forecast net sales of ¥94,300 million, operating income of ¥700 million, ordinary income of ¥900 million, profit attributable to owners of parent of ¥200 million or ¥5.11 basic per share.