Yamashin-Filter CORP. reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 13,168 million compared to JPY 10,007 million a year ago. Operating income was JPY 1,910 million compared to JPY 957 million a year ago. Ordinary income was JPY 1,824 million compared to JPY 934 million a year ago. Net income attributable to owners of parent was JPY 1,249 million or JPY 19.71 per share compared to JPY 640 million or JPY 10.29 per share a year ago. Return on equity was 10.6% compared to 10.0% a year ago. Cash flows from operating activities were JPY 1,063 million compared to JPY 952 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 11,831 million compared to JPY 9,314 million a year ago. Operating profit was JPY 1,098 million compared to JPY 424 million a year ago. Ordinary income was JPY 1,415 million compared to JPY 821 million a year ago. Net income was JPY 1,082 million or JPY 17.07 per share compared to JPY 617 million or JPY 9.94 per share a year ago.

For the year ending March 31, 2019, the company expects consolidated net sales of JPY 14,000 million operating income of JPY 2,350 million, ordinary income of JPY 2,340 million and net income attributable to owners of parent of JPY 1,600 million or JPY 23.12 per share.

The company announced a year-end dividend of JPY 2.20 per share for the fiscal year ended March 31, 2018. The dividend will be payable on June 28, 2018.

The company expects to pay a second quarter dividend of JPY 2.50 per share.

The company expects to pay a year-end dividend of JPY 2.50 per share for the fiscal year ending March 31, 2019 compared to JPY 2.20 paid per share paid for the year ended March 31, 2018.