Obayashi Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
Obayashi Corporation announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, on consolidated basis, the company reported net sales of ¥1,370,802 million against ¥1,333,197 million a year ago. Operating income was ¥98,883 million against ¥97,132 million a year ago. Ordinary income was ¥104,862 million against ¥102,433 million a year ago. Profit attributable to owners of parent was ¥75,763 million or ¥105.55 per share against ¥70,562 million or ¥98.31 per share a year ago. Income before income taxes was ¥106,473 million against ¥105,862 million a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2018. For the period, on consolidated basis, the company expects net sales of ¥1,915,000 million, operating income of ¥134,500 million, ordinary income of ¥140,000 million and profit attributable to owners of parent of ¥95,000 million or ¥132.35 per share.