Tomoegawa Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2017. For the period, the company reported revenues of JPY 32,379 million compared with JPY 33,502 million for the same period a year ago. Operating income was JPY 863 million compared with JPY 290 million for the same period a year ago. Ordinary income was JPY 465 million. Net income attributable to owners of the parent was JPY 252 million or JPY 4.96 per share.

The company provided earnings guidance for the first half and full year of 2018. For the first half, the company expects to report revenues of JPY 16,000 million, operating income of JPY 150 million, ordinary income of JPY 100 million and net income attributable to owners of the parent of JPY 0 million or JPY 0 per share.

For the full year, the company expects to report revenues of JPY 33,000 million, operating income of JPY 500 million, ordinary income of JPY 500 million and net income attributable to owners of the parent of JPY 100 million or JPY 1.96 per share.