KENKO Mayonnaise Co. Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the quarter, the company reported net sales of JPY 72,759 million against JPY 70,812 million a year ago. Operating profit was JPY 4,173 million against JPY 3,987 million a year ago. Ordinary profit was JPY 4,149 million against JPY 4,017 million a year ago. Profit attributable to owners of parent was JPY 2,877 million or JPY 174.65 per share against JPY 2,867 million or JPY 194.88 per share a year ago. Net assets per share were JPY 1,880.61 as against JPY 1,727.17 a year ago. Cash flows from operating activities were JPY 4,950 million against JPY 4,692 million a year ago. Profit before income taxes was JPY 4,205 million against JPY 4,021 million a year ago. Purchase of property, plant and equipment was JPY 11,759 million against JPY 3,850 million a year ago. Purchase of intangible assets was JPY 10 million against JPY 59 million a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2018 and year ending March 31, 2019. For the six months, the company expects net sales of JPY 38,600 million, operating profit of JPY 2,080 million, ordinary profit of JPY 2,100 million and profit attributable to owners of parent of JPY 1,400 million or JPY 84.97 per share

For the year ending March 31, 2019, the company expects net sales of JPY 77,000 million, operating profit of JPY 4,100 million, ordinary profit of JPY 4,150 million and profit attributable to owners of parent of JPY 2,880 million or JPY 174.80 per share.