HASEKO Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2017
For the period, on non-consolidated basis, the company reported net sales were ¥374.2 billion against ¥395.1 billion a year ago. Operating income was ¥54.0 billion against ¥44.9 billion a year ago. Ordinary income was ¥54.5 billion against ¥44.6 billion a year ago. Income before income taxes was ¥55.7 billion against ¥44.7 billion a year ago. Net income was ¥41.1 billion against ¥34.6 billion a year ago.
The company provided consolidated and non-consolidated earnings guidance for the year ending March 31, 2017. For the year, on consolidated basis, the company expects net sales of ¥800.0 billion, operating income of ¥86.0 billion, ordinary income of ¥84.0 billion, income before income taxes and profit attributable to non-controlling interests of ¥78.7 billion, and profit attributable to owners of parent of ¥55.0 billion.
For the year, on non-consolidated basis, the company expects net sales of ¥565.0 billion, operating income of ¥73.0 billion, ordinary income of ¥72.0 billion, income before income taxes of ¥73.1 billion, and net income of ¥50.0 billion.