HotLand Co.,Ltd. announced consolidated and non consolidated earnings results for the full year ended December 31, 2017. For the period, on consolidated basis the company reported net sales of JPY 32,407 million compared with JPY 31,533 million for the same period a year ago. Operating income was JPY 1,104 million compared with JPY 1,077 million for the same period a year ago. Ordinary income was JPY 1,075 million compared with JPY 964 million for the same period a year ago. Net income attributable to owners of parent was JPY 425 million or JPY 23.12 per share compared with loss of JPY 661 million or JPY 36.02 per share for the same period a year ago. Return on equity was 10.8% compared with negative return on equity of 15.8% for the same period a year ago. Cash flows from operating activities was JPY 1,615 million compared with JPY 1,408 million for the same period a year ago. Diluted net income per share was JPY 22.84.

For the period, on non consolidated basis the company reported net sales of JPY 27,043 million compared with JPY 26,536 million for the same period a year ago. Operating income was JPY 1,317 million compared with JPY 1,492 million for the same period a year ago. Ordinary income was JPY 2,089 million compared with JPY 1,416 million for the same period a year ago. Net income was JPY 1,031 million or JPY 56.06 per share compared with loss of JPY 751 million or JPY 40.97 per share for the same period a year ago. Diluted net income per share was JPY 55.38.

The company declared a final dividend of JPY 5.00 per share, for the full year of 2017. The dividend is payable from March 30, 2018.

The company provided dividend guidance for the full year of fiscal 2018. The company plans to pay a final dividend of JPY 5.00 per share for the full year of fiscal 2018.

The company provided consolidated earnings guidance for the full year ending December 31, 2018. For the full year, the company expects to report net sales of JPY 32,000 million, operating income of JPY 1,250 million, ordinary income of JPY 1,150 million and net income attributable to owners of parent of JPY 500 million or JPY 27.13 per share.