T.RAD Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, reported net sales of JPY 107,608 million compared to JPY 102,132 million a year ago. Operating income was JPY 3,216 million compared to JPY 1,247 million a year ago. Ordinary income was JPY 3,544 million compared to JPY 1,424 million a year ago. Profit attributable to owners of parent was JPY 2,022 million or JPY 25.27 per share compared to JPY 745 million or JPY 9.07 per share a year ago. Return on shareholders' equity was 4.9% compared to 1.8% a year ago. Cash flows from operating activities were JPY 6,693 million compared to JPY 4,958 million a year ago. Income before income taxes was JPY 2,817 million compared to JPY 1,237 million a year ago. Purchase of tangible fixed assets was JPY 6,099 million compared to JPY 7,800 million a year ago. Purchase of intangible assets was JPY 217 million compared to JPY 170 million a year ago.

For the year, on non-consolidated basis, reported net sales of JPY 56,834 million compared to JPY 58,558 million a year ago. Operating income was JPY 790 million compared to loss of JPY 44 million a year ago. Ordinary income was JPY 2,856 million compared to JPY 1,912 million a year ago. Net income was JPY 1,904 million or JPY 23.80 per share compared to JPY 880 million or JPY 10.72 per share a year ago. Income before income taxes was JPY 2,122 million compared to JPY 1,189 million a year ago.

The company provided consolidated non-consolidated earnings guidance for the six months ending September 30, 2017 and year ending March 31, 2018. For the six months ending September 30, 2017, on consolidated basis, expects net sales of JPY 56,600 million, operating income of JPY 2,400 million, ordinary income of JPY 2,700 million and profit attributable to owners of parent of JPY 1,400 million or JPY 17.58 per share.

For the year ending March 31, 2018, on consolidated basis expects net sales of JPY 112,300 million, operating income of JPY 3,900 million, ordinary income of JPY 4,500 million and profit attributable to owners of parent of JPY 2,300 million or JPY 288.88 per share.

For the six months ending September 30, 2017, on non-consolidated basis, expects net sales of JPY 28,500 million, operating income of JPY 400 million, ordinary income of JPY 1,700 million and net income of JPY 900 million or JPY 11.30 per share.

For the year ending March 31, 2018, on non-consolidated basis expects net sales of JPY 57,300 million, operating income of JPY 300 million, ordinary income of JPY 2,600 million and net income of JPY 1,400 million or JPY 175.84 per share.