Message to Shareholders and Investors
Thank you for taking the time to visit our website.
We wish to hereby announce our performance for the 157th term (the period spanning from April 1, 2017 to March 31, 2018).
Although the recovery in personal consumption was dull, Japanese economy for this period was slowly recovering with increase in exports supported by strong growth in overseas economies and improvement in capital investment against the backdrop of strong corporate earnings.
Amid this climate, we are pursuing revising our prices, expanding sales routes and cost reductions and working together as a company to ensure profitability.
As a result, amounts of sales reached 18.144B JPY (5% YOY increased). Although there was the impact of raw material cost increased, operating income reached 1.527B JPY (8.9% YOY increase) and ordinary profit reached 1.703B JPY (22.5% YOY increased) because of the increase of sales volume and the reduction of fixed costs. In terms of net income, we saw a large-scale increase owed to transfer-related gains and losses from the Osaka plant (6.371B JPY). The total was 5.441B JPY in net income (379.4% YOY increase).
Our forecast for the next term is amounts of sales of 19B JPY, operating income of 1.2B JPY, ordinary profit of 1.4B JPY and net income of 1B JPY.
Thank you for visiting our website and we ask for your continued support and encouragement going forward.