Toyo Machinery & Metal Co., Ltd. reported consolidated financial results for the nine months ended Dec. 31, 2017. For the nine months, the company reported operating income of ¥1,595 million and profit attributable to owners of parent of ¥1,065 million or ¥56.68 per share on net sales of ¥23,385 million against operating income of ¥1,361 million and profit attributable to owners of parent of ¥788 million or ¥41.96 per share on net sales of ¥20,514 million for the same period of last year. Profit before income taxes was ¥1,658 million against ¥1,251 million for the same period of last year.

For the year ending Mar. 31, 2018, the company expects to pay an year end dividend of ¥15 per share.

For the year ending Mar. 31, 2018, the company expects operating income of ¥2,400 million and profit attributable to owners of parent of ¥1,560 million or ¥82.97 per share on net sales of ¥30,000 million.