Sanyo Special Steel Co., Ltd. reported earnings results for the nine months ended December 2017. For the period, the company reported net sales of JPY 115.6 billion against JPY 101.4 billion a year ago. Operating income was JPY 9.2 billion against JPY 8.5 billion a year ago. Ordinary income was JPY 9.1 billion against JPY 8.7 billion a year ago. Net income was JPY 1 6.0 billion against JPY 5.8 billion a year ago. ROE was 6.4% against 6.7% a year ago. ROS was 7.9% against 8.5% a year ago. ROA was 6.3% against 6.5% a year ago. Interest-bearing Debt (Net) was 25.8% against 12.7% a year ago. Net income per share was JPY 186.9 against JPY 241.5 a year ago. Net assets per share were JPY 3,968 against JPY 3,797 a year ago.

The company reaffirmed earnings guidance for the full year ending March 31, 2018. For the period, the company expects net sales of JPY 150.0 billion, operating income of JPY 11.8 billion, ordinary income of JPY 11.8 billion and net Income of 7.8 billion.