Watabe Wedding Corporation announced consolidated earnings results for the year ended March 31, 2018. For the period, the company reported net sales of JPY 45,135 million as compared to JPY 43,908 million for the same period last year. Operating profit was JPY 768 million as compared to JPY 1,001 million for the same period last year. Ordinary profit was JPY 677 million as compared to JPY 675 million for the same period last year. Profit before income taxes was JPY 427 million compared to JPY 340 million a year ago. Profit attributable to owners of parent was JPY 171 million as compared to JPY 124 million for the same period last year. Earnings per share were JPY 17.27 as compared to JPY 12.47 million for the same period last year. Cash flows from operating activities were JPY 3,222 million as compared to JPY 2,250 million for the same period last year. Purchase of property, plant and equipment was JPY 2,914 million as compared to JPY 1,759 million for the same period last year. Purchase of intangible assets was JPY 208 million as compared to JPY 119 million for the same period last year.

For the year ending March 31, 2019, the company forecasted net sales to be JPY 47,000 million, operating profit to be JPY 500 million, ordinary profit to be JPY 500 million, profit attributable to owners of parent to be JPY 200 million, and earnings per share to be JPY 20.18.