AOI Electronics Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 10,633 million against JPY 10,761 million a year ago. Operating income was JPY 1,697 million against JPY 1,324 million a year ago. Ordinary income was JPY 1,783 million against JPY 1,088 million a year ago. Net income attributable to the company was JPY 1,249 million against JPY 909 million a year ago. Net income per share was JPY 104.14 against of JPY 75.82 a year ago.

For the first half of 2017, the company expects to report consolidated net sales of JPY 22,500 million, operating income of JPY 2,950 million, ordinary income of JPY 2,950 million, net income attributable to the company of JPY 2,040 million, and net income per share of JPY 170.01.

For the year ending March 31, 2018, the company expects to report consolidated net sales of JPY 46,000 million, operating income of JPY 6,200 million, ordinary income of JPY 6,200 million, net income attributable to the company of JPY 4,350 million, and net income per share of JPY 362.52.