FY2018-Q1: Higher Sales and Earnings

「Under these conditions, during the cumulative first quarter of the current consolidated fiscal year, domestic sales were ¥94.94 billion, up 6.8% year on year, and overseas sales were ¥92.18 billion, up 9.1%, resulting in net sales of ¥187.13 billion, up 7.9%. In terms of earnings, gross profit increased 6.7% to ¥24.07 billion in line with higher sales. Operating income increased 59.0% to ¥5.60 billion, mainly because retirement benefit expenses associated with the amortization of actuarial differences declined. Ordinary income increased 63.2% to ¥6.37 billion, mainly reflecting an improvement in equity-method investment gains and losses, while net income attributable to owners of the parent increased 55.7% to ¥3.48 billion.」