Mipox Corporation reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company's net sales were JPY 1,046 million compared to JPY 1,125 million a year ago. Operating income was JPY 7 million compared to JPY 169 million a year ago. Ordinary loss was JPY 59 million compared to ordinary income of JPY 205 million a year ago. Net loss was JPY 67 million or JPY 6.56 per share compared to net income of JPY 172 million or JPY 17.03 per share a year ago. Loss before income taxes and minority interests was JPY 67.201 million compared to income before income taxes and minority interests of JPY 215.096 million a year ago.

The company provided earnings forecast for the six months and full year of fiscal 2017. For the six months ending September 30, 2016, the company expects net sales of JPY 2,287 million, operating income of JPY 196 million, ordinary income of JPY 189 million and net income of JPY 148 million or JPY 14.57 per share.

For the full year ending March 31, 2017, the company expects net sales of JPY 4,692 million, operating income of JPY 529 million, ordinary income of JPY 515 million and net income of JPY 404 million or JPY 39.67 per share.