OPT Holding, Inc. reported consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net sales of JPY 18,551 million compared to JPY 16,397 million a year ago. Operating income was JPY 889 million compared to JPY 363 million a year ago. Ordinary income was JPY 817 million compared to JPY 288 million a year ago. Net income attributable to owners of the parent was JPY 180 million compared to JPY 120 million a year ago. Net income per share was JPY 6.99 compared to JPY 4.65 a year ago. Income before income taxes was JPY 580.487 million compared to JPY 581.966 million a year ago.

The company provided consolidated earnings guidance for the full year ending December 31, 2016. For the year, the company expects net sales of JPY 66,000 million, operating income of JPY 1,350 million, ordinary income of JPY 1,000 million and net income of JPY 270 million or JPY 10.45 per share.