Daikoku Denki Co., Ltd. announced unaudited consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported net sales were ¥33,396 million against net sales of ¥38,931 million a year ago. Operating income was ¥1,751 million against operating income of ¥1,546 million a year ago. Profit attributable to owners of parent was ¥1,216 million against profit attributable to owners of parent of ¥632 million a year ago. Net income per share was ¥82.26 against net income per share of ¥42.81 a year ago.

For the year ending December 31, 2017, the company expects net sales to be ¥41,000 million. Operating income to be ¥300 million. Net income to be ¥200 million or ¥13.53 per share.

For the year ending December 31, 2017, the company expects to pay ¥40.00 per share against ¥40.00 per share a year ago.