Showa Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company's net sales were ¥291,989 million against ¥259,495 million a year ago. Operating income was ¥25,296 million against loss of ¥3,263 million a year ago. Profit before taxes was ¥26,042 million against loss of ¥2,407 million a year ago. Profit for the year attributable to owners of the parent was ¥13,855 million against loss of ¥11,444 million a year ago. Basic earnings per share were ¥182.39 against loss of ¥150.65 a year ago. Net cash provided by operating activities was ¥24,921 million against ¥7,144 million a year ago. Rate of return on equity was 15.4% against negative rate of return on equity of 12.9% a year ago.

For the year ended March 31, 2018, the company announced year-end dividend of ¥12.00 per share. Date of dividend payments is June 25, 2018.

For the second quarter of fiscal year ending March 31, 2019, the company expects dividend of ¥15.00 per share.

For the year ending March 31, 2019, the company expects year-end dividend of ¥15.00 per share.

For the year, on non-consolidated basis, the company's revenue was ¥109,129 million against ¥100,190 million a year ago. Operating income was ¥7,398 million against ¥2,222 million a year ago. Ordinary income was ¥20,990 million against ¥9,608 million a year ago. Net income was ¥13,449 million against loss of ¥17,971 million a year ago. Net income per share was ¥177.05 against loss of ¥236.58 a year ago.

For the year ending March 31, 2019, the company expects net sales of ¥280,000 million, operating income of ¥27,000 million, profit before taxes of ¥27,200 million, annual net income of ¥20,800 million and profit for the year attributable to owners of the parent of ¥17,000 million or ¥223.78 per basic share.