Daiki Axis Co., Ltd. announced consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported net sales of ¥16,637 million against ¥16,009 million a year ago. Operating income was ¥590 million against ¥477 million a year ago. Ordinary income was ¥648 million against ¥595 million a year ago. Profit attributable to owners of parent was ¥379 million or ¥31.37 per share against ¥372 million or ¥30.85 per share a year ago. Profit before income taxes was ¥633.379 million against ¥632.040 million a year ago. Net cash provided by operating activities was ¥1,773.054 million against ¥1,016.070 million a year ago. Purchase of tangible assets was ¥124.367 million against ¥157.339 million a year ago.

The company provided consolidated earnings guidance for the year ending December 31, 2017. For the period, the company expects net sales of ¥34,400 million, operating income of ¥1,150 million, ordinary income of ¥1,350 million and profit attributable to owners of parent of ¥850 million or ¥70.23 per share.