Meitec Corporation reported consolidated earnings results for the first ended June 30, 2016. For the quarter, the company reported net sales were ¥21,822 million against ¥20,780 million a year ago. Operating income was ¥2,397 million against ¥2,290 million a year ago. Profit attributable to owners of the parent was ¥1,543 million or ¥52.63 per share against ¥1,404 million or ¥46.36 per share a year ago. Profit before income taxes was ¥2,395,463 million against ¥2,279,067 million a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2016 and full year ending March 31, 2017. For the six-month period, the company expects net sales were ¥43,800 million, operating income was ¥4,600 million and profit attributable to owners of the parent was ¥3,000 million or ¥102.17 per share.

For the year, the company expects net sales were ¥90,500 million, operating income was ¥10,300 million and profit attributable to owners of the parent was ¥7,000 million or ¥238.39 per share.