Takeuchi Mfg. Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended February 29, 2016. On consolidated basis, net sales were ¥85,218 million against ¥69,893 million last year. Operating income was ¥16,222 million against ¥10,593 million last year. Ordinary income was ¥15,291 million against ¥12,249 million last year. Net income was ¥9,708 million against ¥7,694 million last year. Net income per share was ¥198.14 against ¥157.04 last year. Return on equity was 19.2% against 18.5% last year. Net cash provided by operating activities was ¥12,275 million against ¥5,696 million last year. Income before income taxes and minority interests was ¥15,292 million against ¥12,252 million last year. Income before minority interests was ¥9,708 million against ¥7,694 million last year. Purchase of property, plant and equipment was ¥3,665 million against ¥904 million last year. Purchase of intangible assets was ¥339 million against ¥134 million last year.

On non-consolidated basis, net sales were ¥75,733 million against ¥66,600 million last year. Operating income was ¥14,422 million against ¥10,743 million last year. Ordinary income was ¥14,813 million against ¥12,517 million last year. Net income was ¥10,287 million against ¥8,008 million last year. Net income per share was ¥209.96 against ¥163.45 last year.

For the first half of fiscal year ending February 28, 2017, on consolidated basis, the company expects net sales of ¥42,700 million, operating income of ¥7,600 million, ordinary income of ¥7,100 million, profit attributable to owners of parent of ¥4,600 million or ¥93.89 per share.

For the year ending February 28, 2017, on consolidated basis, the company expects net sales of ¥80,500 million, operating income of ¥12,300 million, ordinary income of ¥11,800 million, profit attributable to owners of parent of ¥7,700 million or ¥157.16 per share.