NOK Corporation reported consolidated and non consolidated earnings results for the year ended March 31, 2016. For the period, on consolidated basis, the company's net sales were ¥746,747 million against ¥693,689 million a year ago. Operating income was ¥48,258 million against ¥67,085 million a year ago. Ordinary income was ¥53,727 million against ¥80,776 million a year ago. Profit attributable to owners of the parent was ¥30,053 million against ¥46,813 million a year ago. Net income basic per share was ¥173.97 against ¥271.21 a year ago. Cash flows from operating activities were ¥88,503 million against ¥80,613 million a year ago. Net assets per share as on March 2016 were ¥2,293.76 against ¥2,440.93 a year ago. Return on equity was 7.4% against 12.4% a year ago.

For the period, on non consolidated basis, the company's net sales were ¥239,329 million against ¥245,546 million a year ago. Operating income was ¥15,243 million against ¥17,345 million a year ago. Ordinary income was ¥25,043 million against ¥22,108 million a year ago. Net income was ¥21,239 million against ¥15,294 million a year ago. Net income per share was ¥122.88 against ¥88.48 a year ago. Net assets per share as on March 2016 were ¥983.23 against ¥986.12 a year ago.

For the six months ending September 2016, the company expects net sales of ¥357,000 million, operating income of ¥18,500 million, ordinary income of ¥22,000 million and profit attributable to owners of the parent of ¥14,000 million or ¥81.04 per share.

For the year ending March 2016, the company expects net sales of ¥710,000 million, operating income of ¥44,000 million, ordinary income of ¥51,000 million and profit attributable to owners of the parent of ¥32,000 million or ¥185.24 per share.