NGK Insulators, Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported net sales of JPY 451,125 million against JPY 401,266 million a year ago. Operating income was JPY 70,026 million against JPY 63,212 million a year ago. Ordinary income was JPY 70,615 million against JPY 64,557 million a year ago. Profit attributable to owners of parent was JPY 45,814 million against JPY 36,379 million a year ago. Diluted profit per share was JPY 142.42 against JPY 112.51 a year ago. Net cash provided by operating activities were JPY 50,554 million against JPY 80,172 million a year ago. Purchases of property, plant and equipment was JPY 67,061 million against JPY 59,361 million a year ago. Income before income taxes and non-controlling interests was JPY 65,772 million against JPY 57,521 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 240,885 million against JPY 214,319 million a year ago. Operating income was JPY 32,393 million against JPY 24,934 million a year ago. Ordinary income was JPY 58,713 million against JPY 47,285 million a year ago. Net come was JPY 46,161 million against JPY 26,329 million a year ago. Diluted net income per share was JPY 143.49 against JPY 81.43 a year ago.

For the six months ending September 30, 2018, the company expects to report consolidated net sales of JPY 240,000 million, operating income of JPY 35,000 million, ordinary income of JPY 33,000 million, profit attributable to owners of parent of JPY 20,000 million, and profit per share of JPY 62.16.

For the year ending March 31, 2019, the company expects to report consolidated net sales of JPY 500,000 million, operating income of JPY 77,000 million, ordinary income of JPY 76,500 million, profit attributable to owners of parent of JPY 52,000 million, and profit per share of JPY 161.61.