Yamada Denki Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the period, the company's net sales were ¥1,573,873 million against ¥1,563,056 million a year ago. Operating profit was ¥38,763 million against ¥57,895 million a year ago. Ordinary profit was ¥47,336 million against ¥66,040 million a year ago. Profit attributable to owners of parent was ¥29,780 million against ¥34,528 million a year ago. Diluted earnings per share were ¥36.66 against ¥42.89 a year ago. Return on equity was 5.2% against 6.3% a year ago. Net cash flows from operating activities were ¥61,689 million against ¥43,856 million a year ago. The change in cash flows was mainly due to a decrease in notes and accounts receivable, an increase in notes and accounts payable, and a decrease in inventories, despite profit before income taxes falling below the amount for the previous fiscal year. Profit before income tax was ¥40,015 million against ¥56,882 million a year ago. Purchases of property and equipment were ¥10,049 million against ¥17,456 million a year ago. Purchases of intangible assets were ¥346 million against ¥787 million a year ago.

The company expects year-end dividend of ¥17.00 per share for fiscal year ending March 31, 2019 against ¥13.00 per share paid a year ago.

For six months ending September 30, 2018, the company expects net sales of ¥823,000 million, operating profit of ¥31,100 million, ordinary profit of ¥35,200 million and profit attributable to owners of parent of ¥17,200 million or ¥21.49 per basic share.

For fiscal year ending March 31, 2019, the company expects net sales of ¥1,712,000 million, operating profit of ¥72,100 million, ordinary profit of ¥80,100 million and profit attributable to owners of parent of ¥44,800 million or ¥55.98 per basic share.