Translation
February 8, 2019

Consolidated financial results for the fiscal year ended December 31, 2018
〔Japan GAAP〕
Company name:
Exchange listed on:
Securities code:
URL:
Representative:
Contact:

Nippon Ceramic Co., Ltd.
First Section of the Tokyo Stock Exchange6929
http://www.nicera.co.jp/
Shinichi Taniguchi, President & CEO
Sawako Fujiwara, Executive Officer
Head of Corporate Planning, IR
TEL +81-857-53-3838
March 28, 2019
March 12, 2019
March 28, 2019
Yes
Yes (for analysts)

Scheduled date of annual meeting of shareholders:
Scheduled date to commence dividend payments:
Scheduled date to file securities report:
Supplementary materials for financial results:
Financial results briefing:(Amounts rounded down to the nearest millions of yen.)
1.

Consolidated financial results for the fiscal year ended December 2018 (From January 1, 2018 to December 31, 2018)(1) Consolidated operating results(Y.O.Y changes represented by %)Net sales

Operating income

Ordinary income

Net income attributable

Fiscal Year 2018

¥ million
19,509%(1.3)¥ million
3,715%
12.6¥ million
4,114%
19.9to owners of parent¥ million%
2,929
22.0

Fiscal Year 2017

19,765

1.2

3,301

20.4

3,430

9.2

2,401

14.0

Note: Comprehensive income Fiscal Year Ended December 2018 ¥ 1,639 million ［(46.2)%］
Fiscal Year Ended December 2017 ¥ 3,045 million ［261.6%］
Net income per

Diluted net income

share

per share

Return on equity

Ordinary income/Operating income/total assets

net sales

Fiscal Year 2018¥107.64

¥
－%
5.8%
7.2%
19.0

Fiscal Year 2017

90.37

－4.9

6.1

16.7

Reference: Equity in earnings (losses) of affiliates Fiscal Year Ended December 2018 ¥ ― million
Fiscal Year Ended December 2017 ¥ ― million(2) Consolidated financial positions
Total assets

Net assets

Equity ratio

Net assets per share¥ million¥ million%¥

Fiscal Year 201857,22852,97289.2

1,876.48

Fiscal Year 201757,253

52,79288.7

1,865.05

Reference: Equity

As of December 31, 2018 ¥ 51,074 million
As of December 31, 2017 ¥ 50,764 million(3) Consolidated cash flows
Cash flows from

Cash flows from

Cash flows fromoperating activities

investing activities

financing activities

Cash and cash
equivalents at

Fiscal Year 2018

¥ million
3,536¥ million(1,320)¥ million(1,447)end of period
period ¥ million
22,279Fiscal Year 2017

4,896(933)(1,612)

21,725- 1 -2.

Dividends
Annual dividends
End of

End of

End of

End of

Q1

Q2

Q3

Q4

¥

Total

annual dividends

Dividend payout

Ratio of dividends

ratio

to net assets(Consolidated)(Consolidated)

Fiscal Year 2017

-¥
0.00

-

¥
50.00

¥50.00¥ million
1,360%
55.3%
2.7

Fiscal Year 2018

-0.00

-

70.00

70.00

1,905

65.0

3.7

-

0.00

-

50.00

50.00

Fiscal Year 2019
(forecast)¥

Total amount of

46.1

Note: Fiscal year 2018 dividend included a special dividend 20 yen per share.
3. Consolidated earnings forecasts for the fiscal year 2019 (from January 1, 2019 to December 31, 2019)(Y.O.Y changes represented by %)Net income
Net sales

Operating income

Ordinary income

attributable toowners of parent

Net income
per shareFirst half

¥ million
9,900%(0.5)¥ million
1,850%
0.7¥ million
2,050%
5.2¥ million
1,450%
1.3

¥
53.27

Full year
10,10020,000

2.5

3,750

0.9

4,150

0.9

2,9500.7

108.38

2.8
1,750
5.4
1,850
15.6
1,300
8.1
47.76
Full year
20,500
3.7
3,600
9.1
3,800
10.8
2,650
10.3
97.36

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