Osaka Organic Chemical Industry Ltd. reported consolidated earnings results for the fiscal year ended November 30, 2017. For the period, the company reported net sales of JPY 26,562 million against JPY 23,586 million a year ago. Operating income was JPY 3,208 million against JPY 2,441 million a year ago. Ordinary income was JPY 3,364 million against JPY 2,596 million a year ago. Profit attributable to owners of parent was JPY 2,161 million against JPY 2,044 million a year ago. Basic earnings per share were JPY 96.51 against JPY 91.07 a year ago. Rate of return on equity was 7.7% compared to 7.8% a year ago. Ordinary income to total assets ratio was 8.9% compared to 7.5% a year ago. Net assets per share were JPY 1,315.71 compared to JPY 1,193.90 a year ago. Cash flows from operating activities were JPY 3,537 million against JPY 3,322 million a year ago.

For the half year ending May 2018, the company expects net sales of JPY 13,490 million, operating income of JPY 1,727 million, ordinary income of JPY 1,804 million, profit attributable to owners of parent of JPY 1,251 million and net income per basic share of JPY 55.85.

For the year ending November 2018, the company expects net sales of JPY 27,281 million, operating income of JPY 3,327 million, ordinary income of JPY 3,497 million, profit attributable to owners of parent of JPY 2,415 million and net income per share of JPY 107.86.