Conexio Corporation reported non-consolidated financial results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 54,749 million against JPY 61,532 million a year ago. Operating income was JPY 1,266 million against JPY 1,709 million a year ago. Ordinary income was JPY 1,305 million against JPY 1,726 million a year ago. Profit before income taxes was JPY 1,713 million against JPY 1,276 million a year ago. Profit for the period was JPY 823 million or JPY 18.41 per share against JPY 1,086 million or JPY 24.29 per share a year ago. Income before income taxes was JPY 1,713 million against JPY 1,316 million a year ago.

For the quarter, the company reported impairment loss of JPY 2 million against JPY 8 million a year ago.

The company provided earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales of JPY 270,000 million, operating income of JPY 9,210 million, ordinary income of JPY 9,300 million and profit of JPY 5,700 million or JPY 127.41 per share.