Axial Retailing Inc. announced consolidated earnings results for the second quarter of 2016. For the period, the company reported net sales of JPY 113,705 million compared to JPY 111,141 million a year ago. Operating income was JPY 4,806 million compared to JPY 4,574 million a year ago. Ordinary income was JPY 4,873 million compared to JPY 4,611 million a year ago. Profit attributable to owners of the parent was JPY 3,207 million compared to JPY 3,102 million a year ago. Net income per basic share was JPY 137.40 compared to JPY 129.06 a year ago.

For the year ending March 2017, the company expects net sales of JPY 227,000 million, operating income of JPY 8,700 million, ordinary income of JPY 8,700 million, profit attributable to owners of the parent of JPY 5,000 million and net income per share of JPY 214.20.