Yorozu Corporation reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥41,519 million compared to ¥41,344 million a year ago. Operating income was ¥1,087 million compared to ¥1,660 million a year ago. Ordinary income was ¥390 million compared to ¥2,101 million a year ago. Net income attributable to owners of parent was ¥863 million or ¥34.85 per share compared to ¥1,128 million or ¥45.19 per diluted share a year ago.

For the first half of fiscal year ending March 31, 2017, the company expects net sales of ¥83,000 million, operating income of ¥2,000 million, ordinary income of ¥500 million and net income attributable to owners of parent of ¥300 million or ¥12.11 per share.

For the fiscal year ending March 31, 2017, the company expects net sales of ¥164,000 million, operating income of ¥6,000 million, ordinary income of ¥6,000 million and net income attributable to owners of parent of ¥3,200 million or ¥129.19 per share.