TechMatrix Corporation reported consolidated and nonconsolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, net sales were JPY 21,996 million compared with JPY 20,920 million a year ago. Operating income was JPY 1,643 million compared with JPY 1,381 million a year ago. Ordinary income was JPY 1,626 million compared with JPY 1,420 million a year ago. Profit attributable to owners of parent was JPY 1,018 million compared with JPY 829 million a year ago. Diluted earnings per share were JPY 58.60 compared with basic earnings per share of JPY 41.34 a year ago. Rate of return on equity was 23.2% against 16.0% a year ago. Net cash provided by operating activities was JPY 1,629 million compared with JPY 1,366 million a year ago.

For the year, on nonconsolidated basis, net sales were JPY 17,167 million compared with JPY 16,371 million a year ago. Operating income was JPY 1,312 million compared with JPY 1,151 million a year ago. Ordinary income was JPY 1,296 million compared with JPY 1,178 million a year ago. Net income was JPY 902 million compared with JPY 732 million a year ago. Diluted earnings per share were JPY 51.95 compared with basic earnings per share of JPY 36.51 a year ago.

The company provided earnings guidance for the first half year and full year of fiscal year ending March 31, 2018. For the first half of fiscal year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 11,200 million, operating income of JPY 700 million, ordinary income of JPY 900 million, profit attributable to owners of parents of JPY 600 million and basic earnings per share of JPY 34.54.

For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 24,000 million, operating income of JPY 2,000 million, ordinary income of JPY 2,200 million, profit attributable to owners of parents of JPY 1,400 million and basic earnings per share of JPY 80.60.