Advanex Inc. announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 20,294 million as compared to JPY 17,858 million a year ago. Operating income was JPY 259 million as compared to JPY 247 million a year ago. Ordinary income was JPY 237 million as compared to JPY 346 million a year ago. Net income was JPY 49 million as compared to JPY 67 million a year ago. Net income per share after dilution was JPY 12.10 as compared to JPY 16.32 a year ago. Return on equity was 0.8% against 1.1% a year ago. Cash flows from operating activities were JPY 311 million as compared to JPY 773 million a year ago.

The company provided earnings guidance for the full year ending March 31, 2019. For the year, the company expects to report net sales of JPY 20,800 million, operating income of JPY 350 million, ordinary income of JPY 320 million, net income of JPY 160 million and net income per share of JPY 39.22.