Iwatani Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019
May 11, 2018
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Iwatani Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, reported net sales of JPY 670,792 million compared to JPY 588,045 million a year ago. Operating profit was JPY 27,193 million compared to JPY 25,038 million a year ago. Ordinary profit was JPY 29,407 million compared to JPY 26,834 million a year ago. Profit attributable to owners of parent was JPY 17,577 million or JPY 306.31 per diluted share compared to JPY 16,546 million or JPY 288.30 per diluted share a year ago. Rate of return on equity was 12.2% compared to 13.3% a year ago. Cash flows from operating activities were JPY 28,510 million compared to JPY 37,240 million a year ago. Profit before income taxes was JPY 9,710 million compared to JPY 9,444 million a year ago. Purchase of property, plant and equipment was JPY 21,338 million compared to JPY 25,260 million a year ago. Purchase of intangible assets was JPY 3,404 million compared to JPY 3,153 million a year ago.
For the year, on non-consolidated basis, reported net sales of JPY 480,940 million compared to JPY 407,791 million a year ago. Operating profit was JPY 11,492 million compared to JPY 10,495 million a year ago. Ordinary profit was JPY 17,108 million compared to JPY 15,334 million a year ago. Net income was JPY 12,310 million or JPY 214.24 per diluted share compared to JPY 11,337 million or JPY 197.26 per diluted share a year ago. Profit before income taxes was JPY 17,077 million compared to JPY 15,249 million a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2018 and full year ending March 31, 2019. For the six months ending September 30, 2018, the company expects net sales of JPY 335,000 million, operating profit of JPY 8,500 million, ordinary profit of JPY 9,500 million and profit attributable to owners of parent of JPY 5,500 million or JPY 111.78 per basic share.
For the full year ending March 31, 2019, the company expects net sales of JPY 735,000 million, operating profit of JPY 28,400 million, ordinary profit of JPY 30,000 million and profit attributable to owners of parent of JPY 18,000 million or JPY 365.82 per basic share.
IWATANI CORPORATION is a gas company. The Total Energy Division provides household, commercial and industrial liquefied petroleum gas (LPG), LPG supplying equipment, liquefied natural gas(LNG), gas products, and household kitchen appliances. The Industrial Gas and Machinery Division provides gas, helium, gas supplying equipment, welding equipment, industrial machinery and robots, pumps and compressors, as well as semiconductor and electronic parts manufacturing equipment, pharmaceutical and food machinery and environmental equipment. The Materials Division provides steel, nonferrous metals, functional films, display materials, electronic material, ceramic raw materials and biomass fuel. The Natural Industry Division provides frozen foods, health food, livestock systems, agricultural materials and equipment. The Others segment involves in finance, insurance, transportation and information processing businesses.
Iwatani Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019
IWATANI CORPORATION 
