Shinkawa Ltd. 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 ¥15,214 million against ¥16,438 million a year ago. Operating loss was ¥620 million against profit of ¥294 million a year ago. Ordinary loss was ¥488 million against profit of ¥432 million a year ago. Profit attributable to owners of parent was ¥563 million against ¥243 million a year ago. Profit per share was ¥31.00 against ¥13.37 a year ago. Return on equity was 2.6% against 1.2% a year ago. Cash flows from operating activities were ¥525 million against cash flows used in operating activities of ¥1,252 million a year ago. Income before income taxes was ¥619 million against ¥478 million a year ago. Purchase of property, plant and equipment was ¥285 million against ¥394 million a year ago. Purchase of intangible assets was ¥18 million against ¥45 million a year ago.

For the year, on non-consolidated basis, the company's net sales were ¥14,122 million against ¥14,991 million a year ago. Operating loss was ¥1,381 million against ¥604 million a year ago. Ordinary loss was ¥468 million against ¥442 million a year ago. Profit was ¥944 million against loss of ¥87 million a year ago. Profit per share was ¥51.97 against loss of ¥4.76 a year ago.

For the six months ending September 30, 2018, on consolidated basis, the company expects net sales of ¥7,100 million, operating loss of ¥970 million, ordinary loss of ¥890 million and loss attributable to owners of parent of ¥940 million or ¥51.72 per share.

For the year ending March 31, 2019, on consolidated basis, the company expects net sales of ¥20,000 million, operating income of ¥340 million, ordinary income of ¥440 million and profit attributable to owners of parent of ¥330 million or ¥18.16 per share.