Nihon Seiko Co., Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of ¥8,318,986,000 against ¥9,235,690,000 a year ago. Operating income was ¥677,199,000 against ¥507,417,000 a year ago. Ordinary income was ¥664,331,000 against ¥500,280,000 a year ago. Profit before income taxes was ¥666,225,000 against ¥494,109,000 a year ago. Profit attributable to owners of parent was ¥455,015,000 or ¥37.26 per share against ¥321,324,000 or ¥26.31 per share a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of ¥10,500 million, operating income of ¥630 million, ordinary income of ¥590 million and profit attributable to owners of parent of ¥400 million or ¥32.75 per share.