A.D.Works Co.,Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥6,185.589 million, operating income of ¥407.440 million, ordinary income of ¥347.453 million and net income attributable to owners of parent of ¥221.913 million or ¥1.02 per diluted share compared to net sales of ¥3,279.619 million, operating income of ¥135.761 million, ordinary income of ¥69.193 million and net income attributable to owners of parent of ¥105.101 million or ¥0.48 per diluted share a year ago. Net income before taxes was ¥347.453 million compared to ¥156.056 million a year ago. EBITDA was ¥436 million against ¥239 million a year ago.

For the fiscal year ending March 31, 2018, the company expects net sales of ¥20,000 million, EBITDA of ¥1,400 million, ordinary income of ¥900 million, net income before taxes of ¥900 million and net income of ¥580 million.