Argo Graphics Inc. reported consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of JPY 7,870,479,000 compared to JPY 6,952,101,000 a year ago. Operating income was JPY 607,791,000 compared to operating income of JPY 321,345,000 a year ago. Ordinary income was JPY 707,441,000 compared to ordinary income of JPY 373,206,000 a year ago. Profit attributable to owners of the parent was JPY 436,507,000 compared to JPY 215,590,000 a year ago. Net income per diluted share was JPY 140.31 compared to JPY 99.35 a year ago. Profit before income taxes was JPY 707,441,000 compared to JPY 373,206,000 a year ago.

For the nine months, the company reported net sales of JPY 25,421 million compared to JPY 24,128 million a year ago. Operating income was JPY 2,218 million compared to operating income of JPY 1,544 million a year ago. Ordinary income was JPY 2,398 million compared to ordinary income of JPY 1,717 million a year ago. Profit attributable to owners of the parent was JPY 1,499 million compared to JPY 1,058 million a year ago. Net income per diluted share was JPY 140.31 compared to JPY 99.35 a year ago. Profit before income taxes was JPY 2,405,713,000 compared to JPY 1,697,938,000 a year ago. Net cash provided by operating activities was JPY 2,293,684,000 compared to JPY 812,019,000 a year ago. Purchase of property, plant and equipment was JPY 53,693,000 compared to JPY 22,463,000 a year ago. Purchase of intangible assets was JPY 36,212,000 compared to JPY 1,568,000 a year ago.

The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the full year, the company expects net sales of JPY 36,000 million, operating income of JPY 2,800 million, ordinary income of JPY 3,100 million and profit attributable to owners of parent of JPY 1,900 million or JPY 178.80 per share.