OSG Corporation reported consolidated earnings results for the year ended November 30, 2017. For the year, the company reported net sales of JPY 120,198 million compared to JPY 105,561 million a year ago. Operating income was JPY 19,137 million compared to JPY 18,246 million a year ago. Ordinary income was JPY 19,144 million compared to JPY 17,813 million a year ago. Income before income taxes was JPY 21,086 million against JPY 16,769 million a year ago. Net income was JPY 14,819 million against JPY 11,257 million a year ago. Net income attributable to the company was JPY 13,993 million or JPY 141.68 per diluted share compared to JPY 10,134 million or JPY 100.62 per diluted share a year ago. Return on equity was 13.5% against 10.4% a year ago. Net cash provided by operating activities were JPY 20,820 million compared to JPY 16,333 million a year ago. Acquisitions of property, plant and equipment was JPY 9,494 million compared to JPY 13,394 million a year ago. Acquisitions of intangible assets were JPY 161 million compared to JPY 204 million a year ago.

The company provided consolidated earnings guidance for the semi-annual and annual period ending November 30, 2018. For the semi-annual period, the company expects net sales of JPY 64,000 million, operating income of JPY 10,500 million, ordinary income of JPY 10,500 million, net income attributable to the company was JPY 6,500 million and net income per share of JPY 66.88.

For the annual period, the company expects net sales of JPY 130,000 million, operating income of JPY 22,000 million, ordinary income of JPY 22,000 million, net income attributable to the company was JPY 13,500 million and net income per share of JPY 138.91.