SMS Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, net sales were JPY 16,713 million, operating income of JPY 2,332 million, ordinary income of JPY 3,045 million, profit attributable to owners of the parent of JPY 1,805 million or net income per diluted share of JPY 44.04 compared to net sales were JPY 12,842 million, operating income of JPY 1,572 million, ordinary income of JPY 2,170 million, profit attributable to owners of the parent of JPY 1,371 million or net income per diluted share of JPY 33.73 for the same period last year. Income before income taxes and minority interests was JPY 2,935,364,000 against JPY 2,113,864,000 a year ago. Net cash provided by operating activities was JPY 3,313,888,000 against JPY 1,407,541,000 a year ago. Purchase of property, plant and equipment was JPY 77,117,000 against JPY 55,094,000 a year ago. Purchase of intangible assets was JPY 599,906,000 against JPY 533,823,000 a year ago.


For the year ending March 31, 2017, the company expects consolidated net sales of JPY 24,051 million, operating income of JPY 3,650 million, ordinary income of JPY 4,450 million, profit attributable to owners of the parent of JPY 2,800 million or net income per share of JPY 68.50.