Nissei Asb Machine Co., Ltd. reported consolidated earnings results for the six months ended of March 31, 2018. For the period, the company reported net sales of JPY 13,344 million compared to JPY 12,108 million a year ago. Operating income was JPY 2,784 million compared to JPY 2,135 million a year ago. Ordinary income was JPY 2,672 million compared to JPY 2,721 million a year ago. Profit attributable to owners of parent was JPY 2,658 million compared to JPY 1,789 million a year ago. Earnings per share were JPY 177.01 compared to JPY 119.18 a year ago. Profit before income taxes was JPY 3,862 million compared to JPY 2,725 million a year ago. Net cash provided by operating activities was JPY 175 million compared to JPY 2,609 million a year ago. Purchase of property, plant and equipment was JPY 1,626 million compared to JPY 820 million a year ago. Purchase of intangible assets was JPY 29 million compared to JPY 17 million a year ago.

The company provided earnings guidance for the year ending of September 30, 2018. For the period, the company expects net sales to be of JPY 32,300 million, operating income of JPY 6,800 million, ordinary income of JPY 7,200 million, profit attributable to owners of parent expected of JPY 5,500 million and earnings per share of JPY 366.25.