KOA Corporation announced consolidated financial results for the six months ended September 30, 2016. For the period, the company announced net sales of JPY 21,946 million compared to JPY 23,283 million a year ago. Operating income was JPY 1,267 million compared to JPY 1,542 million a year ago. Ordinary income was JPY 1,126 million compared to JPY 1,833 million a year ago. Profit attributable to owners of the parent of JPY 1,261 million compared to JPY 1,263 million a year ago. Earnings per share were JPY 34.38 compared to JPY 34.46 a year ago. Profit before income tax of JPY 1,787 million compared to INR 1,815 million a year ago. Net cash provided by operating activities of JPY 2,225 million compared to JPY 2,380 million a year ago. Purchase of property, plant and equipment of JPY 1,173 million compared to JPY 1,281 million a year ago.

For the nine months ending December 31, 2016 on consolidated basis the company provides financial earnings guidance. For the period the company expects net sales of JPY 32,490 million, operating income of JPY 1,650 million, ordinary income of JPY 1,590 million, profit attributable to owners of parent of JPY 1,590 million and earnings per share of JPY 43.35.