Y.A.C. Co., Ltd. reported consolidated earnings results for the year ended March 31, 2016. For the year, the company reported net sales of JPY 25,545 million, operating income of JPY 807 million, ordinary income of JPY 546 million and net income attributable to owners of the parent of JPY 28 million or JPY 3.12 per diluted share as compared to net sales of JPY 16,622 million, operating income of JPY 787 million, ordinary income of JPY 966 million and net income attributable to owners of the parent of JPY 639 million or JPY 71.39 per diluted share for the same period a year ago. Income before income taxes and minority interests was JPY 543,249,000 compared to JPY 962,887,000 a year ago. Return on equity was 0.2% compared to 4.8% a year ago. Cash flows from operating activities were THB 4,715,497,000 compared to THB 1,106,634,000 a year ago. Payment for acquisition of fixed tangible assets was THB 127,732,000 compared to THB 55,660,000 a year ago. Payment for acquisition of intangible assets was THB 20,069,000 compared to THB 89,878,000 a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2016 and year ending March 31, 2017. For the six months ending September 30, 2016, the company expects net sales of JPY 13,000 million, operating income of JPY 400 million, ordinary income of JPY 350 million and net income of JPY 230 million or JPY 25.76 per share.

For the year ending March 31, 2017, the company expects net sales of JPY 30,000 million, operating income of JPY 1,500 million, ordinary income of JPY 1,350 million and net income of JPY 890 million or JPY 99.68 per share.